10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0001606909-18-000033 |
| Period End Date | 20171231 |
| Filing Date | 20180321 |
| Fiscal Year | 2017 |
| Fiscal Period | FY |
| XBRL Instance | panl-20171231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
73 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts Receivable |
AllowanceForDoubtfulAccountsReceivable
|
$2.14M | 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
|
$34.53M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.32M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.52M | USD | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Accounts receivable (net of allowance of $2,135,877 and $4,752,265 at December 31, 2017 and 2016, respectively) |
AccountsReceivableNetCurrent
|
$21.09M | USD | Point-in-time |
| Accounts receivable (net of allowance of $2,135,877 and $4,752,265 at December 31, 2017 and 2016, respectively) |
AccountsReceivableNetCurrent
|
$15.99M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Bunker inventory |
InventoryNet
|
$15.36M | 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 |
| Advance hire, prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$12.03M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Advance hire, prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.93M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
36.59M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$83.01M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
43.79M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$62.44M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
43.79M | shares | Point-in-time |
| Restricted Cash and Investments, Noncurrent |
RestrictedCashAndInvestmentsNoncurrent
|
$6.10M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
36.59M | shares | Point-in-time |
| Restricted Cash and Investments, Noncurrent |
RestrictedCashAndInvestmentsNoncurrent
|
$4.00M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$306.29M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$275.27M | USD | Point-in-time |
| Investment in newbuildings in-process |
DevelopmentInProcess
|
$18.38M | USD | Point-in-time |
| Investment in newbuildings in-process |
DevelopmentInProcess
|
- | USD | Point-in-time |
| Capital lease asset, net |
Capitalleaseassetnet
|
- | USD | Point-in-time |
| Capital lease asset, net |
Capitalleaseassetnet
|
$29.99M | USD | Point-in-time |
| Total assets |
Assets
|
$423.30M | USD | Point-in-time |
| Total assets |
Assets
|
$362.19M | USD | Point-in-time |
| Accounts payable accrued expenses and other current liabilities |
AccountsPayableAccruedExpensesAndOtherCurrentLiabilities
|
$23.23M | USD | Point-in-time |
| Accounts payable accrued expenses and other current liabilities |
AccountsPayableAccruedExpensesAndOtherCurrentLiabilities
|
$29.18M | USD | Point-in-time |
| Related party debt |
DueToRelatedPartiesCurrent
|
$15.97M | USD | Point-in-time |
| Related party debt |
DueToRelatedPartiesCurrent
|
$7.01M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$5.82M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$6.42M | USD | Point-in-time |
| Current portion long-term debt |
OtherLongTermDebtCurrent
|
$18.98M | USD | Point-in-time |
| Current portion long-term debt |
OtherLongTermDebtCurrent
|
$19.63M | USD | Point-in-time |
| Capital Lease Obligations, Current |
CapitalLeaseObligationsCurrent
|
$1.79M | USD | Point-in-time |
| Capital Lease Obligations, Current |
CapitalLeaseObligationsCurrent
|
- | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrent
|
$12.62M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrent
|
$7.24M | USD | Point-in-time |
| Total current liabilties |
LiabilitiesCurrent
|
$70.01M | USD | Point-in-time |
| Total current liabilties |
LiabilitiesCurrent
|
$77.88M | USD | Point-in-time |
| Secured long-term debt, net |
SecuredLongTermDebt
|
$107.64M | USD | Point-in-time |
| Secured long-term debt, net |
SecuredLongTermDebt
|
$117.62M | USD | Point-in-time |
| Capital Lease Obligations, Noncurrent |
CapitalLeaseObligationsNoncurrent
|
$25.02M | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no shares issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 1,000,000 shares authorized and no shares issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.0001 par value, 100,000,000 shares authorized, 43,794,526 and 36,590,417 shares issued and outstanding at December 31, 2017 and 2016, respectively |
CommonStockValue
|
$3.66K | USD | Point-in-time |
| Common stock, $0.0001 par value, 100,000,000 shares authorized, 43,794,526 and 36,590,417 shares issued and outstanding at December 31, 2017 and 2016, respectively |
CommonStockValue
|
$4.38K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$154.94M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$133.68M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-9.60M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-17.41M | USD | Point-in-time |
| Total Pangaea Logistics Solutions Ltd. equity (deficit) |
StockholdersEquity
|
$116.27M | USD | Point-in-time |
| Total Pangaea Logistics Solutions Ltd. equity (deficit) |
StockholdersEquity
|
$145.35M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$65.30M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$60.41M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$165.32M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$210.66M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$176.68M | USD | Point-in-time |
| Total liabilities, convertible reemable preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$362.19M | USD | Point-in-time |
| Total liabilities, convertible reemable preferred stock and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$423.30M | USD | Point-in-time |
Income Statement
229 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Voyage revenue |
VoyageRevenue
|
$66.00M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$337.68M | USD | Annual |
| Voyage revenue |
VoyageRevenue
|
$60.60M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$93.70M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$42.00M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$222.12M | USD | Annual |
| Voyage revenue |
VoyageRevenue
|
$86.10M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$53.50M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$80.20M | USD | 1 Quarter |
| Voyage revenue |
VoyageRevenue
|
$77.70M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$6.80M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$11.20M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$16.10M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$4.80M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$5.70M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$15.90M | USD | Annual |
| Charter revenue |
CharterRevenue
|
$3.40M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$47.40M | USD | Annual |
| Charter revenue |
CharterRevenue
|
$13.30M | USD | 1 Quarter |
| Charter revenue |
CharterRevenue
|
$2.00M | USD | 1 Quarter |
| Revenues |
Revenues
|
$66.30M | USD | 1 Quarter |
| Revenues |
Revenues
|
$238.02M | USD | Annual |
| Revenues |
Revenues
|
$70.80M | USD | 1 Quarter |
| Revenues |
Revenues
|
$43.90M | USD | 1 Quarter |
| Revenues |
Revenues
|
$84.50M | USD | 1 Quarter |
| Revenues |
Revenues
|
$57.00M | USD | 1 Quarter |
| Revenues |
Revenues
|
$91.40M | USD | 1 Quarter |
| Revenues |
Revenues
|
$102.20M | USD | 1 Quarter |
| Revenues |
Revenues
|
$385.09M | USD | Annual |
| Revenues |
Revenues
|
$107.00M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$44.30M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$29.20M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$38.60M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$29.20M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$26.80M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$103.65M | USD | Annual |
| Voyage Expense |
VoyageExpense
|
$39.20M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$18.50M | USD | 1 Quarter |
| Voyage Expense |
VoyageExpense
|
$160.58M | USD | Annual |
| Voyage Expense |
VoyageExpense
|
$41.30M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$33.20M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$15.00M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$23.20M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$34.80M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$38.90M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$63.69M | USD | Annual |
| Charter Hire Expense |
CharterHireExpense
|
$19.70M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$8.50M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$20.50M | USD | 1 Quarter |
| Charter Hire Expense |
CharterHireExpense
|
$132.85M | USD | Annual |
| Vessel operating expenses |
VesselOperatingExpense
|
$8.60M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$7.90M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$6.90M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$7.50M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$9.10M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$9.10M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$36.44M | USD | Annual |
| Vessel operating expenses |
VesselOperatingExpense
|
$8.60M | USD | 1 Quarter |
| Vessel operating expenses |
VesselOperatingExpense
|
$30.90M | USD | Annual |
| Vessel operating expenses |
VesselOperatingExpense
|
$9.60M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.00M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.50M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.70M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$4.80M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$12.77M | USD | Annual |
| General and administrative |
GeneralAndAdministrativeExpense
|
$15.16M | USD | Annual |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.60M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.20M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.90M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.10M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.50M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.50M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.90M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.50M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$15.61M | USD | Annual |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.70M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$4.00M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.90M | USD | 1 Quarter |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$14.11M | USD | Annual |
| Depreciation and amortization |
CostOfServicesDepreciationAndAmortization
|
$3.50M | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
$4.90M | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
$4.30M | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
$100.00K | USD | 1 Quarter |
| Loss on impairment of vessels |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Gain on sale of vessels |
GainLossOnSaleOfProperties
|
$-9.28M | USD | Annual |
| Gain on sale of vessels |
GainLossOnSaleOfProperties
|
- | USD | Annual |
| Total expenses |
OperatingExpenses
|
$95.40M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$225.12M | USD | Annual |
| Total expenses |
OperatingExpenses
|
$92.60M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$40.40M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$63.00M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$369.92M | USD | Annual |
| Total expenses |
OperatingExpenses
|
$65.50M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$56.20M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$84.80M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$97.00M | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$800.00K | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$15.17M | USD | Annual |
| (Loss) income from operations |
OperatingIncomeLoss
|
$800.00K | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$12.89M | USD | Annual |
| (Loss) income from operations |
OperatingIncomeLoss
|
$6.80M | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$7.80M | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$3.50M | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$-1.20M | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$-300.00K | USD | 1 Quarter |
| (Loss) income from operations |
OperatingIncomeLoss
|
$10.00M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$2.20M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$1.30M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$1.50M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$2.00M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$5.42M | USD | Annual |
| Interest expense, net |
InterestExpense
|
$1.40M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$1.30M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$2.10M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$1.60M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$7.95M | USD | Annual |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$316.25K | USD | Annual |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$314.93K | USD | Annual |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Interest expense related party debt |
InterestExpenseRelatedParty
|
$100.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$1.40M | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$-300.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$-1.50M | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$200.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$2.16M | USD | Annual |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$2.00M | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$-100.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$-100.00K | USD | 1 Quarter |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$360.32K | USD | Annual |
| Unrealized (loss) gain on derivative instruments |
UnrealizedGainLossOnDerivatives
|
$1.00M | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$800.00K | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$100.00K | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$-100.00K | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$-158.53K | USD | Annual |
| Other (expense) income |
NonoperatingIncomeExpense
|
$100.00K | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$1.00M | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$-100.00K | USD | 1 Quarter |
| Other (expense) income |
NonoperatingIncomeExpense
|
$1.84M | USD | Annual |
| Other (expense) income |
NonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-3.73M | USD | Annual |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-6.07M | USD | Annual |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$400.00K | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-3.00M | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-500.00K | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.30M | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.90M | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.20M | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-200.00K | USD | 1 Quarter |
| Total other expense, net |
OtherNonoperatingIncomeExpense
|
$-2.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$-4.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$8.70M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$300.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.16M | USD | Annual |
| Net income |
ProfitLoss
|
$600.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.10M | USD | Annual |
| Net income |
ProfitLoss
|
$100.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-500.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-300.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-400.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-600.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.29M | USD | Annual |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-500.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-500.00K | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.70M | USD | Annual |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.40M | USD | 1 Quarter |
| Loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.60M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$4.10M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$-4.80M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$100.00K | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$6.10M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$1.50M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$100.00K | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$1.20M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$7.46M | USD | Annual |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$7.10M | USD | 1 Quarter |
| Net (loss) income attributable to Pangaea Logistics Solutions Ltd. |
NetIncomeLoss
|
$7.81M | USD | Annual |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.17 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.18 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.03 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.13 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.20 | USD | Annual |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.21 | USD | Annual |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.09 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.03 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.04 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.13 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.21 | USD | Annual |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.17 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.17 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.19M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
40.80M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.17M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
41.94M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
38.41M | shares | Annual |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.54M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.13M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.28M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.16M | shares | Annual |
| Weighted Average Number of Shares Outstanding, Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.15M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
41.07M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.20M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.58M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.93M | shares | Annual |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.35M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.54M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.34M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.81M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
42.62M | shares | 1 Quarter |
| Weighted Average Number of Shares Outstanding, Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
35.38M | shares | Annual |
Cash Flow Statement
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$-4.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$8.70M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$300.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.16M | USD | Annual |
| Net income |
ProfitLoss
|
$600.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.10M | USD | Annual |
| Net income |
ProfitLoss
|
$100.00K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$15.61M | USD | Annual |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$14.11M | USD | Annual |
| Amortization of deferred financing costs |
AmortizationOfDeferredFinancingCostsAndBankFees
|
$662.72K | USD | Annual |
| Amortization of deferred financing costs |
AmortizationOfDeferredFinancingCostsAndBankFees
|
$681.28K | USD | Annual |
| Amortization of prepaid rent |
Amortizationofprepaidrent
|
$-121.94K | USD | Annual |
| Amortization of prepaid rent |
Amortizationofprepaidrent
|
- | USD | Annual |
| Unrealized loss (gain) on derivative instruments |
UnrealizedGainLossOnCashFlowHedgingInstruments
|
$2.16M | USD | Annual |
| Unrealized loss (gain) on derivative instruments |
UnrealizedGainLossOnCashFlowHedgingInstruments
|
$360.32K | USD | Annual |
| Loss (income) from equity method investee |
IncomeLossFromEquityMethodInvestments
|
- | USD | Annual |
| Loss (income) from equity method investee |
IncomeLossFromEquityMethodInvestments
|
$256.48K | USD | Annual |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$543.62K | USD | Annual |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$922.41K | USD | Annual |
| Gain on sales of vessels |
GainLossOnSaleOfOtherAssets
|
$-9.28M | USD | Annual |
| Gain on sales of vessels |
GainLossOnSaleOfOtherAssets
|
- | USD | Annual |
| Drydocking costs |
PaymentForDrydockingCosts
|
$3.78M | USD | Annual |
| Drydocking costs |
PaymentForDrydockingCosts
|
$42.48K | USD | Annual |
| Share-based compensation |
ShareBasedCompensation
|
$1.07M | USD | Annual |
| Share-based compensation |
ShareBasedCompensation
|
$601.92K | USD | Annual |
| Increase (Decrease) in Restricted Cash for Operating Activities |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
- | USD | Annual |
| Increase (Decrease) in Restricted Cash for Operating Activities |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-1.50M | USD | Annual |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$5.64M | USD | Annual |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.78M | USD | Annual |
| Bunker inventory |
IncreaseDecreaseInInventories
|
$2.15M | USD | Annual |
| Bunker inventory |
IncreaseDecreaseInInventories
|
$5.71M | USD | Annual |
| Advance hire, prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.71M | USD | Annual |
| Advance hire, prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.37M | USD | Annual |
| Account payable, accrued expenses and other current liabilities |
IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities
|
$6.98M | USD | Annual |
| Account payable, accrued expenses and other current liabilities |
IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities
|
$3.69M | USD | Annual |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$1.97M | USD | Annual |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-607.06K | USD | Annual |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$19.21M | USD | Annual |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$29.22M | USD | Annual |
| Purchase of vessels |
PaymentForPurchaseOfVessels
|
$319.43K | USD | Annual |
| Purchase of vessels |
PaymentForPurchaseOfVessels
|
$64.03M | USD | Annual |
| Deposits on newbuildings in-process |
PaymentsToAcquireBuildings
|
$9.62M | USD | Annual |
| Deposits on newbuildings in-process |
PaymentsToAcquireBuildings
|
- | USD | Annual |
| Purchase of building and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
- | USD | Annual |
| Purchase of building and equipment |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$315.92K | USD | Annual |
| Proceeds from Sale of Property, Plant, and Equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$306.97K | USD | Annual |
| Proceeds from Sale of Property, Plant, and Equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | Annual |
| Purchase from noncontrolling interest |
Purchasefromnoncontrollinginterest
|
$830.91K | USD | Annual |
| Purchase from noncontrolling interest |
Purchasefromnoncontrollinginterest
|
- | USD | Annual |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-10.25M | USD | Annual |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-64.55M | USD | Annual |
| Proceeds of related party debt |
ProceedsFromRelatedPartyDebt
|
- | USD | Annual |
| Proceeds of related party debt |
ProceedsFromRelatedPartyDebt
|
$4.84M | USD | Annual |
| Payments on related party debt |
RepaymentsOfRelatedPartyDebt
|
$2.50M | USD | Annual |
| Payments on related party debt |
RepaymentsOfRelatedPartyDebt
|
- | USD | Annual |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$35.00M | USD | Annual |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.38M | USD | Annual |
| Payments of financing and issuance costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$45.76K | USD | Annual |
| Payments of financing and issuance costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$1.02M | USD | Annual |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$23.72M | USD | Annual |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$25.33M | USD | Annual |
| Sale Leaseback Transaction, Net Proceeds, Financing Activities |
SaleLeasebackTransactionNetProceedsFinancingActivities
|
- | USD | Annual |
| Sale Leaseback Transaction, Net Proceeds, Financing Activities |
SaleLeasebackTransactionNetProceedsFinancingActivities
|
$28.00M | USD | Annual |
| Repayments of Long-term Capital Lease Obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
- | USD | Annual |
| Repayments of Long-term Capital Lease Obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$1.20M | USD | Annual |
| Common stock dividends paid |
PaymentsOfDividendsCommonStock
|
$100.00K | USD | Annual |
| Common stock dividends paid |
PaymentsOfDividendsCommonStock
|
$1.00M | USD | Annual |
| Proceeds from (Repayments of) Restricted Cash, Financing Activities |
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
$-5.60M | USD | Annual |
| Proceeds from (Repayments of) Restricted Cash, Financing Activities |
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
$2.10M | USD | Annual |
| Proceeds from (Payments to) Noncontrolling Interests |
ProceedsFromPaymentsToMinorityShareholders
|
$1.36M | USD | Annual |
| Proceeds from (Payments to) Noncontrolling Interests |
ProceedsFromPaymentsToMinorityShareholders
|
$1.60M | USD | Annual |
| Proceeds from Issuance of Common Stock |
ProceedsFromIssuanceOfCommonStock
|
$9.63M | USD | Annual |
| Distributions to non-controlling interest |
PaymentsOfDistributionsToAffiliates
|
- | USD | Annual |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-24.16M | USD | Annual |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$47.54M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-15.20M | USD | Annual |
| Net increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$12.21M | USD | Annual |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$34.53M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.32M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.52M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$34.53M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.32M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.52M | USD | Point-in-time |
| Issuance of subsidiary common shares as settlement of related party debt |
DebtConversionConvertedInstrumentAmount1
|
- | USD | Annual |
| Issuance of subsidiary common shares as settlement of related party debt |
DebtConversionConvertedInstrumentAmount1
|
$4.29M | USD | Annual |
| Cash paid for interest |
InterestPaid
|
$6.98M | USD | Annual |
| Cash paid for interest |
InterestPaid
|
$4.66M | USD | Annual |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$165.32M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$210.66M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$176.68M | USD | Point-in-time |
| Acquisition of noncontrolling interest |
MinorityInterestDecreaseFromRedemptions
|
$830.91K | USD | Annual |
| Recognized cost for restricted stock issued as compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$-601.92K | USD | Annual |
| Recognized cost for restricted stock issued as compensation |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$1.60M | USD | Annual |
| Issuance of common shares, net of fees |
StockIssuedDuringPeriodValueNewIssues
|
$14.00M | USD | Annual |
| Issuance of restricted shares, net of forfeitures |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
- | USD | Annual |
| Net income |
ProfitLoss
|
$-4.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$8.70M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$300.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.16M | USD | Annual |
| Net income |
ProfitLoss
|
$600.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.10M | USD | Annual |
| Net income |
ProfitLoss
|
$100.00K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$165.32M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$210.66M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$176.68M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.