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Note 5 - Advances for Vessels Under Construction and Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2015
Advances For Vessels Under Construction And Acquisitions [Abstract]  
Advances for Vessels Under Construction and Acquisitions [Table Text Block]
Balance, December 31, 2013     70,577,435  
Advances for vessels under construction and acquisitions     124,973,343  
Capitalized interest     2,113,297  
Capitalized expenses     2,805,342  
Vessels delivered     (101,459,533 )
Vessels cancelled (Note 3)     (10,044,799 )
         
Balance, December 31, 2014     88,965,085  
Advances for vessels under construction and acquisitions     148,318,231  
Capitalized interest     1,822,443  
Capitalized expenses     5,085,534  
Vessels delivered     (200,159,411 )
         
Balance, December 31, 2015     44,031,882