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Note 6 - Long-term Debt (Tables)
 6 Months Ended
Jun. 30, 2017
Notes Tables  
Schedule of Long-term Debt Instruments [Table Text Block]
Borrower   December 31,
2016		   June 30,
2017
Xingang Shipping Ltd. / Joanna Maritime Ltd.    
1,103,915
      
-
  
Pantelis Shipping Corp.    
4,840,000
      
4,440,000
  
Noumea Shipping Ltd.    
6,360,000
      
6,360,000
  
Eirini Shipping Ltd. / Eleni Shipping Ltd. / Areti Shipping Ltd.    
11,600,000
      
11,600,000
  
Allendale Investments S.A. / Alterwall Business Inc. / Manolis Shipping Ltd. / Saf Concord Shipping Ltd. / Aggeliki Shipping Ltd. /Eternity Shipping Company / Jonathan John Shipping Ltd.    
13,120,000
      
12,200,000
  
Ultra One Shipping Ltd.    
-
      
10,702,757
  
Gregos Shipping Ltd.    
-
      
4,750,000
  
Kamsarmax One Shipping Ltd.    
13,333,000
      
12,866,000
  
     
50,356,915
      
62,918,757
  
Less: Current portion    
(5,697,915
 )    
(11,432,972
 )
Long-term portion    
44,659,000
      
51,485,785
  
Deferred Charges, current portion    
148,697
      
282,976
  
Deferred charges, long-term portion    
292,024
      
483,929
  
Long-term debt, current portion net of deferred charges    
5,549,218
      
11,149,996
  
Long-term debt, long-term portion net of deferred charges    
44,366,976
      
51,001,856
  
Debt discount    
-
      
(487,900
 )
Long-term debt, long-term portion net of deferred charges and debt discount    
44,366,976
      
50,513,956
  
                 
Loan from related party                
Euroseas Ltd.    
2,000,000
      
-
  
Schedule of Future Annual Loan Repayments [Table Text Block]
To June 30:    
2018    
11,432,972
  
2019    
27,112,972
  
2020    
10,758,813
  
2021    
4,484,000
  
2022    
934,000
  
Thereafter    
8,196,000
  
Total    
62,918,757