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Note 3 -Transactions with Related Parties (Details) (USD $)
9 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 25, 2013
Sep. 11, 2013
Dec. 31, 2012
Sep. 30, 2013
Superintendent Fees [Member]
Sep. 30, 2012
Superintendent Fees [Member]
Sep. 30, 2013
Reimbursed Compensation Manager [Member]
Sep. 30, 2012
Reimbursed Compensation Manager [Member]
Sep. 30, 2013
Office Space Rent [Member]
Sep. 30, 2012
Office Space Rent [Member]
Sep. 30, 2012
Emihar Petroleum Inc [Member]
Sep. 28, 2012
Affiliated Company [Member]
Sep. 30, 2013
Commission Expenses [Member]
Sep. 30, 2012
Commission Expenses [Member]
Note 3 -Transactions with Related Parties (Details) [Line Items]                              
Management Fee Per Day Per Vessel $ 440                            
Management Fee Per Day Per Vessel Under Bareboat Charter 125                            
Vessel Brokerage Commission Pecentage 1.25%                            
Vessel Brokerage Commission 1,089,651 1,094,730                          
Professional and Contract Services Expense 3,502,450 3,207,885                          
Vessels Visit Period Threshold 5 days                            
Charge for Each Additional Day for Vessels Visit 500                            
Related Party Transaction, Expenses from Transactions with Related Party 2,945,315 732,261       121,001 153,000                
Sales and Purchase Broker Commission Fee Percentage   1.00%                          
Salesand Purchase Broker Commission Fee 723,500 634,479                          
Net (gain) loss on sale of vessels                           0 192,000
General and Administrative Expense 1,892,747 2,151,866           868,477 1,220,548            
Due to Related Parties, Current 7,944,631       7,288,899                    
Related Party Transaction, Amounts of Transaction                   57,834 56,994        
Revenue from Related Parties 7,340,891 1,891,884                   1,891,884      
Vessel Purchase Price     $ 39,000,000 $ 25,000,000                 $ 96,000,000    
Advances Percentage For Vessels Under Construction Acquisitions                         20.00%