10-Q Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001606909-21-000067`
Period End Date	20210331
Filing Date	20210511
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	panl-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 40 Cash Flow Statement 82 Stockholders Equity 14

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$1.57M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$1.90M	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`	$46.90M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.97M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.50M	USD	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Accounts receivable (net of allowance of $1,570,824 and $1,896,038 at March 31, 2021 and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$29.15M	USD	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 $1,570,824 and $1,896,038 at March 31, 2021 and December 31, 2020, respectively)	`AccountsReceivableNetCurrent`	$29.25M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Bunker inventory	`InventoryNet`	$15.63M	USD	Point-in-time
Bunker inventory	`InventoryNet`	$15.97M	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`	$23.74M	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`	$19.52M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.45M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$110.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$113.03M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.57M	shares	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$276.74M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$278.57M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.57M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	45.45M	shares	Point-in-time
Investment in newbuildings in-process	`InvestmentInNewbuildingsInProcess`	$15.39M	USD	Point-in-time
Investment in newbuildings in-process	`InvestmentInNewbuildingsInProcess`	$15.39M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$45.24M	USD	Point-in-time
Finance lease right of use assets, net	`FinanceLeaseRightOfUseAsset`	$45.57M	USD	Point-in-time
Total assets	`Assets`	$450.40M	USD	Point-in-time
Total assets	`Assets`	$450.17M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$32.40M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$29.30M	USD	Point-in-time
Related party debt	`DueToRelatedPartiesCurrent`	$242.85K	USD	Point-in-time
Related party debt	`DueToRelatedPartiesCurrent`	$242.85K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$13.65M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$12.80M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$57.38M	USD	Point-in-time
Current portion of secured long-term debt	`OtherLongTermDebtCurrent`	$10.63M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$7.00M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$6.98M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$1.01M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrent`	$98.86K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.93M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$44.51M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$88.31M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$50.52M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$48.76M	USD	Point-in-time
Long-term liabilities - other - Note 8	`OtherLiabilitiesNoncurrent`	$10.41M	USD	Point-in-time
Long-term liabilities - other - Note 8	`OtherLiabilitiesNoncurrent`	$10.14M	USD	Point-in-time
Commitments and contingencies - Note 7	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 7	`CommitmentsAndContingencies`	-	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; 45,572,236 shares issued and outstanding at March 31, 2021; 45,447,751 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$4.56K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized; 45,572,236 shares issued and outstanding at March 31, 2021; 45,447,751 shares issued and outstanding at December 31, 2020	`CommonStockValue`	$4.54K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$160.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$159.58M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.03M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$189.44M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$182.77M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$52.32M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$51.67M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$237.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$243.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$450.40M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$450.17M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$124.97M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.88M	USD	1 Quarter
Voyage expense	`VoyageExpense`	$47.84M	USD	1 Quarter
Voyage expense	`VoyageExpense`	$47.80M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$53.64M	USD	1 Quarter
Charter hire expense	`CharterHireExpense`	$32.33M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$9.93M	USD	1 Quarter
Vessel operating expense	`VesselOperatingExpense`	$8.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.99M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$4.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$4.24M	USD	1 Quarter
Gain on sale of vessels	`GainLossOnSaleOfProperties`	$77.99K	USD	1 Quarter
Gain on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Total expenses	`OperatingExpenses`	$98.21M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$118.59M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$6.38M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-2.33M	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$2.12M	USD	1 Quarter
Interest expense, net	`InterestExpenseDebt`	$2.23M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$-2.92M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments, net	`UnrealizedGainLossOnDerivatives`	$2.02M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$596.56K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$333.46K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-4.44M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$128.36K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.51M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-6.77M	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.73K	USD	1 Quarter
Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$653.02K	USD	1 Quarter
Net income (loss) attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$5.85M	USD	1 Quarter
Net income (loss) attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$-6.80M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.34M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	44.55M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.34M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$6.51M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-6.77M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$4.42M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$4.24M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$163.80K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$176.53K	USD	1 Quarter
Amortization of prepaid rent	`AmortizationofPrepaidRent1`	$30.57K	USD	1 Quarter
Amortization of prepaid rent	`AmortizationofPrepaidRent1`	$28.81K	USD	1 Quarter
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-2.92M	USD	1 Quarter
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$2.02M	USD	1 Quarter
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$429.36K	USD	1 Quarter
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$333.46K	USD	1 Quarter
Earnings attributable to non-controlling interest recorded as interest expense (income)	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$-27.64K	USD	1 Quarter
Earnings attributable to non-controlling interest recorded as interest expense (income)	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$270.67K	USD	1 Quarter
Provision (recovery) for doubtful accounts	`ProvisionForDoubtfulAccounts`	$176.98K	USD	1 Quarter
Provision (recovery) for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-185.33K	USD	1 Quarter
Gain on sale of vessel	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on sale of vessel	`GainLossOnSaleOfOtherAssets`	$77.99K	USD	1 Quarter
Drydocking costs	`PaymentForDrydockingCosts`	$1.11M	USD	1 Quarter
Drydocking costs	`PaymentForDrydockingCosts`	$2.90M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$947.55K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.10M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.35M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$278.74K	USD	1 Quarter
Bunker inventory	`IncreaseDecreaseInInventories`	$-1.84M	USD	1 Quarter
Bunker inventory	`IncreaseDecreaseInInventories`	$-338.27K	USD	1 Quarter
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.17M	USD	1 Quarter
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.37M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-2.85M	USD	1 Quarter
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-6.73M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-6.76M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$852.70K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.94M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-6.84M	USD	1 Quarter
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$5.47M	USD	1 Quarter
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$283.45K	USD	1 Quarter
Investment in newbuildings in-process	`PaymentsforInvestmentInNewbuildingsInProcess`	-	USD	1 Quarter
Investment in newbuildings in-process	`PaymentsforInvestmentInNewbuildingsInProcess`	$33.45K	USD	1 Quarter
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	$8.40M	USD	1 Quarter
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	-	USD	1 Quarter
Purchase of derivative instrument	`PaymentsForDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Purchase of derivative instrument	`PaymentsForDerivativeInstrumentInvestingActivities`	$628.00K	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$7.45M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.47M	USD	1 Quarter
Payments of related party debt	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Payments of related party debt	`RepaymentsOfRelatedPartyDebt`	$90.14K	USD	1 Quarter
Payments of financing fees and debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$112.33K	USD	1 Quarter
Payments of financing fees and debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$149.12K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$3.28M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$2.97M	USD	1 Quarter
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$1.73M	USD	1 Quarter
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$7.38M	USD	1 Quarter
Accrued common stock dividends paid	`PaymentsOfDividendsCommonStock`	$499.30K	USD	1 Quarter
Accrued common stock dividends paid	`PaymentsOfDividendsCommonStock`	$906.90K	USD	1 Quarter
Cash paid for incentive compensation shares relinquished	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$43.16K	USD	1 Quarter
Cash paid for incentive compensation shares relinquished	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$129.19K	USD	1 Quarter
Contributions from non-controlling interest recorded as long-term liability	`ProceedsFromMinorityShareholders`	-	USD	1 Quarter
Contributions from non-controlling interest recorded as long-term liability	`ProceedsFromMinorityShareholders`	$322.75K	USD	1 Quarter
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$70.49K	USD	1 Quarter
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.19M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.85M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.38M	USD	1 Quarter
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.58M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.47M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.40M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.97M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.50M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.50M	USD	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.02M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.40M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.06M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.47M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$237.36M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$243.07M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.76M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$947.55K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	1 Quarter
Issuance of restricted shares, net of forfeitures	`NoncontrollingInterestDecreaseFromBusinessCombination`	$129.19K	USD	1 Quarter
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-43.16K	USD	1 Quarter
Net Income	`ProfitLoss`	$6.51M	USD	1 Quarter
Net Income	`ProfitLoss`	$-6.77M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$237.36M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$234.43M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$243.07M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$241.76M	USD	Point-in-time

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