10-Q Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001606909-17-000101`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	panl-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 92 Cash Flow Statement 84

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$4.18M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$4.75M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.52M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.32M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.10M	USD	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.00M	USD	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable (net of allowance of $4,183,826 at September 30, 2017 and $4,752,265 at December 31, 2016)	`AccountsReceivableNetCurrent`	$20.48M	USD	Point-in-time
Accounts receivable (net of allowance of $4,183,826 at September 30, 2017 and $4,752,265 at December 31, 2016)	`AccountsReceivableNetCurrent`	$30.92M	USD	Point-in-time
Bunker inventory	`InventoryNet`	$16.47M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Bunker inventory	`InventoryNet`	$13.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.44M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.47M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$94.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$68.54M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	43.80M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	36.59M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	36.59M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$290.84M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	43.80M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$275.27M	USD	Point-in-time
Investments in newbuildings in-process	`DevelopmentInProcess`	$18.38M	USD	Point-in-time
Investments in newbuildings in-process	`DevelopmentInProcess`	-	USD	Point-in-time
Vessels under capital lease	`Capitalleaseassetnet`	-	USD	Point-in-time
Vessels under capital lease	`Capitalleaseassetnet`	$30.29M	USD	Point-in-time
Total assets	`Assets`	$415.31M	USD	Point-in-time
Total assets	`Assets`	$362.19M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$30.16M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$23.23M	USD	Point-in-time
Related party debt	`DueToRelatedPartiesCurrent`	$6.93M	USD	Point-in-time
Related party debt	`DueToRelatedPartiesCurrent`	$15.97M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$6.42M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$7.91M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$17.83M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$19.63M	USD	Point-in-time
Capital Lease Obligations, Current	`CapitalLeaseObligationsCurrent`	-	USD	Point-in-time
Capital Lease Obligations, Current	`CapitalLeaseObligationsCurrent`	$1.76M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$12.62M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$7.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$77.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$71.83M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$107.64M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$113.43M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsNoncurrent`	-	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsNoncurrent`	$25.47M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 43,795,182 shares issued and outstanding at September 30, 2017; 36,590,417 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$4.38K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 43,795,182 shares issued and outstanding at September 30, 2017; 36,590,417 shares issued and outstanding at December 31, 2016	`CommonStockValue`	$3.66K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$133.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$154.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-17.41M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$116.27M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$141.17M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$60.41M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$63.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$176.68M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$204.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$362.19M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$415.31M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Voyage revenue	`VoyageRevenue`	$93.69M	USD	1 Quarter
Voyage revenue	`VoyageRevenue`	$251.61M	USD	3 Qtrs
Voyage revenue	`VoyageRevenue`	$161.51M	USD	3 Qtrs
Voyage revenue	`VoyageRevenue`	$65.99M	USD	1 Quarter
Charter revenue	`CharterRevenue`	$10.17M	USD	3 Qtrs
Charter revenue	`CharterRevenue`	$4.80M	USD	1 Quarter
Charter revenue	`CharterRevenue`	$31.29M	USD	3 Qtrs
Charter revenue	`CharterRevenue`	$13.33M	USD	1 Quarter
Revenues	`Revenues`	$282.90M	USD	3 Qtrs
Revenues	`Revenues`	$107.02M	USD	1 Quarter
Revenues	`Revenues`	$171.68M	USD	3 Qtrs
Revenues	`Revenues`	$70.78M	USD	1 Quarter
Voyage expense	`VoyageExpense`	$74.43M	USD	3 Qtrs
Voyage expense	`VoyageExpense`	$124.17M	USD	3 Qtrs
Voyage expense	`VoyageExpense`	$29.17M	USD	1 Quarter
Voyage expense	`VoyageExpense`	$44.31M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$91.14M	USD	3 Qtrs
Charter hire expense	`CharterHireExpense`	$43.20M	USD	3 Qtrs
Charter hire expense	`CharterHireExpense`	$19.66M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$34.76M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$9.14M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$22.28M	USD	3 Qtrs
Vessel operating expense	`VesselOperatingExpense`	$26.81M	USD	3 Qtrs
Vessel operating expense	`VesselOperatingExpense`	$7.48M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.15M	USD	3 Qtrs
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$3.53M	USD	1 Quarter
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$10.58M	USD	3 Qtrs
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$3.95M	USD	1 Quarter
Depreciation and amortization	`CostOfServicesDepreciationAndAmortization`	$11.60M	USD	3 Qtrs
Loss on sale and leaseback of vessels	`GainLossOnSaleOfProperties`	$-70.00K	USD	1 Quarter
Loss on sale and leaseback of vessels	`GainLossOnSaleOfProperties`	-	USD	3 Qtrs
Loss on sale and leaseback of vessels	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Loss on sale and leaseback of vessels	`GainLossOnSaleOfProperties`	$-9.28M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$274.42M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$63.02M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$159.64M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$97.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.77M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.48M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$12.04M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$10.02M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$5.98M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$1.26M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$2.11M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$4.16M	USD	3 Qtrs
Interest expense on related party debt	`InterestExpenseRelatedParty`	$79.71K	USD	1 Quarter
Interest expense on related party debt	`InterestExpenseRelatedParty`	$79.71K	USD	1 Quarter
Interest expense on related party debt	`InterestExpenseRelatedParty`	$236.54K	USD	3 Qtrs
Interest expense on related party debt	`InterestExpenseRelatedParty`	$235.21K	USD	3 Qtrs
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$430.87K	USD	3 Qtrs
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$-59.14K	USD	1 Quarter
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$161.00K	USD	1 Quarter
Unrealized (loss) gain on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$1.21M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$977.79K	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-42.75K	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$1.89M	USD	3 Qtrs
Other income (expense)	`NonoperatingIncomeExpense`	$-8.10K	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-1.27M	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-1.18M	USD	1 Quarter
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-3.90M	USD	3 Qtrs
Total other expense, net	`OtherNonoperatingIncomeExpense`	$-3.22M	USD	3 Qtrs
Net income	`ProfitLoss`	$6.58M	USD	1 Quarter
Net income	`ProfitLoss`	$4.58M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.76M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$787.06K	USD	3 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.43M	USD	3 Qtrs
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.58M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$517.70K	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$3.79M	USD	3 Qtrs
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$6.06M	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$7.18M	USD	1 Quarter
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$7.39M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.15M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.17M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.80M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.23M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.07M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.67M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.35M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.30M	shares	3 Qtrs

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.58M	USD	1 Quarter
Net income	`ProfitLoss`	$4.58M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.76M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$11.60M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$10.58M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$527.35K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$513.31K	USD	3 Qtrs
Amortization of prepaid rent	`Amortizationofprepaidrent`	$-91.45K	USD	3 Qtrs
Amortization of prepaid rent	`Amortizationofprepaidrent`	-	USD	3 Qtrs
Unrealized gain on derivative instruments	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$1.21M	USD	3 Qtrs
Unrealized gain on derivative instruments	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$430.87K	USD	3 Qtrs
(Gain) loss from equity method investee	`IncomeLossFromEquityMethodInvestments`	$-68.48K	USD	3 Qtrs
(Gain) loss from equity method investee	`IncomeLossFromEquityMethodInvestments`	$282.36K	USD	3 Qtrs
(Recovery of) provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-10.36K	USD	3 Qtrs
(Recovery of) provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$982.39K	USD	3 Qtrs
Loss on sale and leaseback of vessel	`GainLossOnSaleOfOtherAssets`	$-9.13M	USD	3 Qtrs
Loss on sale and leaseback of vessel	`GainLossOnSaleOfOtherAssets`	-	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$878.76K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$274.29K	USD	3 Qtrs
Decrease in restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	3 Qtrs
Decrease in restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-499.27K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.82M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.43M	USD	3 Qtrs
Bunker inventory	`IncreaseDecreaseInInventories`	$1.85M	USD	3 Qtrs
Bunker inventory	`IncreaseDecreaseInInventories`	$3.27M	USD	3 Qtrs
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.12M	USD	3 Qtrs
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.47M	USD	3 Qtrs
Drydocking costs	`PaymentForDrydockingCosts`	$1.04M	USD	3 Qtrs
Drydocking costs	`PaymentForDrydockingCosts`	$42.48K	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-743.92K	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$8.02M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-925.49K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.49M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$18.32M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$13.75M	USD	3 Qtrs
Purchase of vessels	`PaymentForPurchaseOfVessels`	$3.37M	USD	3 Qtrs
Purchase of vessels	`PaymentForPurchaseOfVessels`	$47.33M	USD	3 Qtrs
Purchase of building and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$315.82K	USD	3 Qtrs
Purchase of building and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	3 Qtrs
Purchase of non-controlling interest in consolidated subsidiary	`Purchasefromnoncontrollinginterest`	-	USD	3 Qtrs
Purchase of non-controlling interest in consolidated subsidiary	`Purchasefromnoncontrollinginterest`	$832.57K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.69M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-48.16M	USD	3 Qtrs
Proceeds from Related Party Debt	`ProceedsFromRelatedPartyDebt`	$1.52M	USD	3 Qtrs
Proceeds from Related Party Debt	`ProceedsFromRelatedPartyDebt`	-	USD	3 Qtrs
Payments of related party debt	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments of related party debt	`RepaymentsOfRelatedPartyDebt`	$2.50M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$25.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.38M	USD	3 Qtrs
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$45.76K	USD	3 Qtrs
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$896.17K	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$20.64M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$20.81M	USD	3 Qtrs
Sale Leaseback Transaction, Net Proceeds, Financing Activities	`SaleLeasebackTransactionNetProceedsFinancingActivities`	-	USD	3 Qtrs
Sale Leaseback Transaction, Net Proceeds, Financing Activities	`SaleLeasebackTransactionNetProceedsFinancingActivities`	$28.00M	USD	3 Qtrs
Repayments of Long-term Capital Lease Obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	3 Qtrs
Repayments of Long-term Capital Lease Obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$768.60K	USD	3 Qtrs
Proceeds from (Repayments of) Restricted Cash, Financing Activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$2.10M	USD	3 Qtrs
Proceeds from (Repayments of) Restricted Cash, Financing Activities	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-5.00M	USD	3 Qtrs
Proceeds from (Payments to) Noncontrolling Interests	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	3 Qtrs
Proceeds from Noncontrolling Interests	`ProceedsFromMinorityShareholders`	$1.60M	USD	3 Qtrs
Decrease (increase) in restricted cash	`PaymentsOfDividendsCommonStock`	$100.00K	USD	3 Qtrs
Decrease (increase) in restricted cash	`PaymentsOfDividendsCommonStock`	$1.00M	USD	3 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$9.63M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.96M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$41.43M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.33M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.01M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.19M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.34M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.52M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.32M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.19M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.34M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.52M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.32M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$5.05M	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$3.52M	USD	3 Qtrs
Stock issued during period, value, issurance of common stock as settlement of accrued dividends	`Stockissuedduringperiodvalueissuranceofcommonstockassettlementofaccrueddividends`	-	USD	3 Qtrs
Stock issued during period, value, issurance of common stock as settlement of accrued dividends	`Stockissuedduringperiodvalueissuranceofcommonstockassettlementofaccrueddividends`	$4.38M	USD	3 Qtrs
Extinguishment of Related Party Debt	`ExtinguishmentofRelatedPartyDebt`	$9.28M	USD	3 Qtrs
Extinguishment of Related Party Debt	`ExtinguishmentofRelatedPartyDebt`	-	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.