|
Long-Term Debt (Details 2) (USD $)
|
12 Months Ended |
|
Dec. 31, 2014
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
$ 178,116,000 |
| 2016 |
268,467,000 |
| 2017 |
294,041,000 |
| 2018 |
2,136,608,000 |
| 2019 |
20,340,000 |
| Period of early payment of fixed principal installments of which option is available |
3 months |
| Accumulated unrestricted cash and cash equivalents used in determining amount of additional variable payment |
50,000,000 |
| Percentage of consolidated debt used in determining amount of additional variable payment |
2.00% |
| Percentage of relevant budget up to which operating expenses and allocated general and administrative expenses per vessel cannot exceed |
20.00% |
| Percentage of the first specified value of net equity proceeds equal to which additional prepayments are required |
50.00% |
| Net equity proceeds used for determining additional prepayments |
300,000,000 |
| Percentage of additional net equity proceeds equal to which additional prepayments are required to be made |
25.00% |
| Minimum period considered for determining use of retained equity proceeds for prepayment |
12 months |
| Voting interest owned in outstanding capital stock by Dr. Coustas and his family members, qualified for change of control (as a Percent) |
33.00% |
| Voting interest owned by any person or group in outstanding capital stock, qualified for change of control (as a percent) |
20.00% |
| Percentage of actual free cash flow equal to variable payment and fixed principal payment until the earlier of May 15, 2015 and the maximum consolidated net leverage ratio |
92.50% |
| Maximum consolidated net leverage ratio |
6 |
| Percentage of actual free cash flow equal to variable payment and fixed principal payment after May 15, 2015, until maturity |
89.50% |
| Bank agreement | January 2011 Credit Facility |
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
113,358,679 |
| 2016 |
143,379,164 |
| 2017 |
148,839,796 |
| 2018 |
227,438,867 |
| Total long-term debt, fixed principal repayments |
633,016,506 |
| Bank agreement | January 2011 Credit Facility | February 15 |
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
26,736,647 |
| 2016 |
30,972,971 |
| 2017 |
44,938,592 |
| 2018 |
34,152,011 |
| Bank agreement | January 2011 Credit Facility | May 15 |
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
27,021,750 |
| 2016 |
36,278,082 |
| 2017 |
36,690,791 |
| 2018 |
37,585,306 |
| Bank agreement | January 2011 Credit Facility | August 15 |
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
25,541,180 |
| 2016 |
32,275,598 |
| 2017 |
35,338,304 |
| 2018 |
44,398,658 |
| Bank agreement | January 2011 Credit Facility | November 15 |
|
| Quarterly principal payments in fixed amounts |
|
| 2015 |
34,059,102 |
| 2016 |
43,852,513 |
| 2017 |
31,872,109 |
| 2018 |
45,333,618 |
| Bank agreement | January 2011 Credit Facility | December 31 |
|
| Quarterly principal payments in fixed amounts |
|
| 2018 |
$ 65,969,274 |