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Note 8 - Loss Per Share
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
8.
Loss Per Share

Basic and diluted loss per common share are computed as follows:

   
For the six months
 ended June 30,
 
   
2013
   
2014
 
             
Net loss
    (13,500,918 )     (7,230,180 )
                 
Dividend Series B Preferred shares
    -       (651,416 )
Net loss available to common shareholders
    (13,500,918 )     (7,881,596 )
Weighted average common shares – Outstanding
    45,319,605       52,446,850  
Basic and diluted  loss available to common shareholders
    (0.30 )     (0.15 )

The Company excluded the effect of 626,400 and 662,250 unvested incentive award shares as of June 30, 2013 and 2014, respectively, as they were anti-dilutive.