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Accrued Expenses (Tables)
 12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Components of Accrued Expenses

Accrued expenses consist of the following:

 

     2015      2014  

Compensation and bonuses

    $ 866,551       $ 1,451   

Vessel operations

      1,528,478         1,525,513   

Professional services

      942,604         465,000   

Interest

      828,888         —    

Accrued insurance payable

      —          304,584   

Other operating

      98,935         91,414   
  

 

 

     

 

 

  

Total accrued expenses

    $ 4,265,456       $ 2,387,962