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Unaudited Condensed Consolidated Statements of Shareholders' Equity (USD $)
Series B Preferred Stock [Member]
Retained Earnings [Member]
Series B Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2012     $ 1,359,588 $ 251,758,459 $ (43,491,901) $ 209,626,146
Balance (in Shares) at Dec. 31, 2012     45,319,605      
Net income (loss)         (13,500,918) (13,500,918)
Share-based compensation       367,429   367,429
Dividends declared ($0.03 per share) (see Note 8)         (1,378,381) (1,378,381)
Balance at Jun. 30, 2013     1,359,588 252,125,888 (58,371,200) 195,114,276
Balance (in Shares) at Jun. 30, 2013     45,319,605      
Balance at Dec. 31, 2013     1,371,698 252,314,683 (148,984,299) 104,702,082
Balance (in Shares) at Dec. 31, 2013     45,723,255      
Net income (loss)         (7,230,180) (7,230,180)
Dividends declared on Series B Preferred shares (see Note 8) (651,416) (651,416)        
Share-based compensation       286,468   286,468
Issuance of common stock     334,946 14,165,054   14,400,000
Issuance of common stock (in Shares)     11,164,868      
Balance at Jun. 30, 2014     $ 1,706,644 $ 266,766,205 $ (156,865,895) $ 111,606,954
Balance (in Shares) at Jun. 30, 2014     56,888,123