10-K Filing

Pangaea Logistics Solutions Ltd. CIK: 1606909 FY 2024

Filing Information

Form Type	10-K
Accession Number	`0001606909-25-000097`
Period End Date	20241231
Filing Date	20250318
Fiscal Year	2024
Fiscal Period	FY
XBRL Instance	panl-20241231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 170 Income Statement 92 Cash Flow Statement 170 Stockholders Equity 34

Balance Sheet 170 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$5.66M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$5.66M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$4.37M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$4.37M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$5.49M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$5.49M	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$151.95M	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$151.95M	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$127.02M	USD	Point-in-time
Fixed assets, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$127.02M	USD	Point-in-time
Finance lease right of use assets, accumulated amortization	`FinanceLeaseRightOfUseAssetAccumulatedAmortization`	$10.70M	USD	Point-in-time
Finance lease right of use assets, accumulated amortization	`FinanceLeaseRightOfUseAssetAccumulatedAmortization`	$10.70M	USD	Point-in-time
Finance lease right of use assets, accumulated amortization	`FinanceLeaseRightOfUseAssetAccumulatedAmortization`	$10.54M	USD	Point-in-time
Finance lease right of use assets, accumulated amortization	`FinanceLeaseRightOfUseAssetAccumulatedAmortization`	$10.54M	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
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
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
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
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
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
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
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
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.04M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.81M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts receivable (net of allowance of $5,492,901 and $5,657,837 at December 31, 2024 and 2023, respectively)	`AccountsReceivableNetCurrent`	$42.37M	USD	Point-in-time
Accounts receivable (net of allowance of $5,492,901 and $5,657,837 at December 31, 2024 and 2023, respectively)	`AccountsReceivableNetCurrent`	$42.37M	USD	Point-in-time
Accounts receivable (net of allowance of $5,492,901 and $5,657,837 at December 31, 2024 and 2023, respectively)	`AccountsReceivableNetCurrent`	$47.89M	USD	Point-in-time
Accounts receivable (net of allowance of $5,492,901 and $5,657,837 at December 31, 2024 and 2023, respectively)	`AccountsReceivableNetCurrent`	$47.89M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.96M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	64.96M	shares	Point-in-time
Inventories	`InventoryNet`	$16.56M	USD	Point-in-time
Inventories	`InventoryNet`	$16.56M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.47M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.47M	shares	Point-in-time
Inventories	`InventoryNet`	$32.85M	USD	Point-in-time
Inventories	`InventoryNet`	$32.85M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	64.96M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	64.96M	shares	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.97M	USD	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.97M	USD	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.34M	USD	Point-in-time
Advance hire, prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.34M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.47M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	46.47M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$191.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$191.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$191.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$191.83M	USD	Point-in-time
Fixed assets, at cost, net of accumulated depreciation of $151,951,990 and $127,015,253, at December 31, 2024 and 2023, respectively	`PropertyPlantAndEquipmentNet`	$474.27M	USD	Point-in-time
Fixed assets, at cost, net of accumulated depreciation of $151,951,990 and $127,015,253, at December 31, 2024 and 2023, respectively	`PropertyPlantAndEquipmentNet`	$474.27M	USD	Point-in-time
Fixed assets, at cost, net of accumulated depreciation of $151,951,990 and $127,015,253, at December 31, 2024 and 2023, respectively	`PropertyPlantAndEquipmentNet`	$707.83M	USD	Point-in-time
Fixed assets, at cost, net of accumulated depreciation of $151,951,990 and $127,015,253, at December 31, 2024 and 2023, respectively	`PropertyPlantAndEquipmentNet`	$707.83M	USD	Point-in-time
Vessels under finance lease	`FinanceLeaseRightOfUseAsset`	$28.77M	USD	Point-in-time
Vessels under finance lease	`FinanceLeaseRightOfUseAsset`	$28.77M	USD	Point-in-time
Vessels under finance lease	`FinanceLeaseRightOfUseAsset`	$30.39M	USD	Point-in-time
Vessels under finance lease	`FinanceLeaseRightOfUseAsset`	$30.39M	USD	Point-in-time
Goodwill	`Goodwill`	$3.10M	USD	Point-in-time
Goodwill	`Goodwill`	$3.10M	USD	Point-in-time
Goodwill	`Goodwill`	$3.10M	USD	Point-in-time
Goodwill	`Goodwill`	$3.10M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$4.76M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$4.76M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$5.59M	USD	Point-in-time
Other Assets, Noncurrent	`OtherAssetsNoncurrent`	$5.59M	USD	Point-in-time
Total assets	`Assets`	$936.46M	USD	Point-in-time
Total assets	`Assets`	$936.46M	USD	Point-in-time
Total assets	`Assets`	$705.18M	USD	Point-in-time
Total assets	`Assets`	$705.18M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$46.58M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$46.58M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$34.35M	USD	Point-in-time
Accounts payable, accrued expenses and other current liabilities	`AccountsPayableAccruedExpensesAndOtherCurrentLiabilities`	$34.35M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.63M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$15.63M	USD	Point-in-time
Current portion of long-term debt	`OtherLongTermDebtCurrent`	$30.75M	USD	Point-in-time
Current portion of long-term debt	`OtherLongTermDebtCurrent`	$30.75M	USD	Point-in-time
Current portion of long-term debt	`OtherLongTermDebtCurrent`	$16.58M	USD	Point-in-time
Current portion of long-term debt	`OtherLongTermDebtCurrent`	$16.58M	USD	Point-in-time
Current portion of financing obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$25.27M	USD	Point-in-time
Current portion of financing obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$25.27M	USD	Point-in-time
Current portion of financing obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$18.98M	USD	Point-in-time
Current portion of financing obligations	`LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities`	$18.98M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.99M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.99M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.84M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$2.84M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.21M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.21M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.15M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$1.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.33M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$68.45M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$68.45M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$112.72M	USD	Point-in-time
Secured long-term debt, net	`SecuredLongTermDebt`	$112.72M	USD	Point-in-time
Financing Obligations, net	`ContractualObligation`	$130.04M	USD	Point-in-time
Financing Obligations, net	`ContractualObligation`	$130.04M	USD	Point-in-time
Financing Obligations, net	`ContractualObligation`	$229.53M	USD	Point-in-time
Financing Obligations, net	`ContractualObligation`	$229.53M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$10.43M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$10.43M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$13.23M	USD	Point-in-time
Finance lease liabilities, net	`FinanceLeaseLiabilityNoncurrent`	$13.23M	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	$17.94M	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	$17.94M	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	$19.97M	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	$19.97M	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Long-term liabilities - other - Note 11	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Commitments and contingencies - Note 12	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 12	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 12	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - Note 12	`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
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, 64,961,433 and 46,466,622 shares issued and outstanding at December 31, 2024 and 2023, respectively	`CommonStockValue`	$4.65K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized, 64,961,433 and 46,466,622 shares issued and outstanding at December 31, 2024 and 2023, respectively	`CommonStockValue`	$4.65K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized, 64,961,433 and 46,466,622 shares issued and outstanding at December 31, 2024 and 2023, respectively	`CommonStockValue`	$6.50K	USD	Point-in-time
Common stock, $0.0001 par value, 100,000,000 shares authorized, 64,961,433 and 46,466,622 shares issued and outstanding at December 31, 2024 and 2023, respectively	`CommonStockValue`	$6.50K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$164.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$164.85M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$258.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$258.66M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$159.03M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$159.03M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$169.16M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$169.16M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$427.82M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$427.82M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$323.89M	USD	Point-in-time
Total Pangaea Logistics Solutions Ltd. equity	`StockholdersEquity`	$323.89M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$46.31M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$46.31M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$46.84M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$46.84M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$705.18M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$705.18M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$936.46M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$936.46M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$499.27M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$499.27M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$536.54M	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$536.54M	USD	Annual
Voyage expense	`VoyageExpense`	$227.43M	USD	Annual
Voyage expense	`VoyageExpense`	$227.43M	USD	Annual
Voyage expense	`VoyageExpense`	$237.48M	USD	Annual
Voyage expense	`VoyageExpense`	$237.48M	USD	Annual
Charter hire expense	`CharterHireExpense`	$130.76M	USD	Annual
Charter hire expense	`CharterHireExpense`	$130.76M	USD	Annual
Charter hire expense	`CharterHireExpense`	$111.03M	USD	Annual
Charter hire expense	`CharterHireExpense`	$111.03M	USD	Annual
Terminal & stevedore expenses	`TerminalStevedoreExpenses`	$5.81M	USD	Annual
Terminal & stevedore expenses	`TerminalStevedoreExpenses`	$5.81M	USD	Annual
Terminal & stevedore expenses	`TerminalStevedoreExpenses`	$9.30M	USD	Annual
Terminal & stevedore expenses	`TerminalStevedoreExpenses`	$9.30M	USD	Annual
Vessel operating expenses	`VesselOperatingExpense`	$55.54M	USD	Annual
Vessel operating expenses	`VesselOperatingExpense`	$55.54M	USD	Annual
Vessel operating expenses	`VesselOperatingExpense`	$55.78M	USD	Annual
Vessel operating expenses	`VesselOperatingExpense`	$55.78M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$24.63M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$24.63M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$22.78M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$22.78M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$30.07M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$30.07M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$30.38M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$30.38M	USD	Annual
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-600.00K	USD	1 Quarter
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-600.00K	USD	1 Quarter
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-1.74M	USD	Annual
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-1.74M	USD	Annual
Loss on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	Annual
Loss on sale of vessels	`GainLossOnSaleOfProperties`	-	USD	Annual
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-1.20M	USD	1 Quarter
Loss on sale of vessels	`GainLossOnSaleOfProperties`	$-1.20M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$454.65M	USD	Annual
Total operating expenses	`OperatingExpenses`	$454.65M	USD	Annual
Total operating expenses	`OperatingExpenses`	$488.09M	USD	Annual
Total operating expenses	`OperatingExpenses`	$488.09M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$48.45M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$48.45M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$44.62M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$44.62M	USD	Annual
Interest expense	`InterestExpenseDebt`	$17.07M	USD	Annual
Interest expense	`InterestExpenseDebt`	$17.07M	USD	Annual
Interest expense	`InterestExpenseDebt`	$17.03M	USD	Annual
Interest expense	`InterestExpenseDebt`	$17.03M	USD	Annual
Interest income	`InterestAndOtherIncome`	$3.57M	USD	Annual
Interest income	`InterestAndOtherIncome`	$3.57M	USD	Annual
Interest income	`InterestAndOtherIncome`	$3.02M	USD	Annual
Interest income	`InterestAndOtherIncome`	$3.02M	USD	Annual
Unrealized (loss) gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-2.93M	USD	Annual
Unrealized (loss) gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-2.93M	USD	Annual
Unrealized (loss) gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-953.04K	USD	Annual
Unrealized (loss) gain on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-953.04K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$1.43M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$1.43M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$761.49K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$761.49K	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-16.08M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-16.08M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-16.68M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-16.68M	USD	Annual
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.87M	USD	Annual
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.87M	USD	Annual
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.21M	USD	Annual
Income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.21M	USD	Annual
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$28.90M	USD	Annual
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$28.90M	USD	Annual
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$26.32M	USD	Annual
Net income attributable to Pangaea Logistics Solutions Ltd.	`NetIncomeLoss`	$26.32M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.39M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.39M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.77M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	44.77M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.05M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.05M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.48M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	45.48M	shares	Annual

Cash Flow Statement 170 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.07M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.07M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.38M	USD	Annual
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.38M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$1.03M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$1.03M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$946.59K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredFinancingCostsAndBankFees`	$946.59K	USD	Annual
Amortization of prepaid rent	`Amortizationofprepaidrent`	$121.86K	USD	Annual
Amortization of prepaid rent	`Amortizationofprepaidrent`	$121.86K	USD	Annual
Amortization of prepaid rent	`Amortizationofprepaidrent`	$121.53K	USD	Annual
Amortization of prepaid rent	`Amortizationofprepaidrent`	$121.53K	USD	Annual
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-2.93M	USD	Annual
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-2.93M	USD	Annual
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-953.04K	USD	Annual
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-953.04K	USD	Annual
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$684.47K	USD	Annual
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$684.47K	USD	Annual
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$1.71M	USD	Annual
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$1.71M	USD	Annual
Earnings attributable to non-controlling interest recorded as interest expense	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$3.10M	USD	Annual
Earnings attributable to non-controlling interest recorded as interest expense	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$3.10M	USD	Annual
Earnings attributable to non-controlling interest recorded as interest expense	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$462.15K	USD	Annual
Earnings attributable to non-controlling interest recorded as interest expense	`EarningsAttributableToNoncontrollingInterestRecordedAsInterestExpense`	$462.15K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.94M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.94M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.84M	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.84M	USD	Annual
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-600.00K	USD	1 Quarter
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-600.00K	USD	1 Quarter
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-1.74M	USD	Annual
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-1.74M	USD	Annual
Loss on sales of vessels	`GainLossOnSaleOfProperties`	-	USD	Annual
Loss on sales of vessels	`GainLossOnSaleOfProperties`	-	USD	Annual
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-1.20M	USD	1 Quarter
Loss on sales of vessels	`GainLossOnSaleOfProperties`	$-1.20M	USD	1 Quarter
Drydocking costs	`PaymentForDrydockingCosts`	$4.15M	USD	Annual
Drydocking costs	`PaymentForDrydockingCosts`	$4.15M	USD	Annual
Drydocking costs	`PaymentForDrydockingCosts`	$6.20M	USD	Annual
Drydocking costs	`PaymentForDrydockingCosts`	$6.20M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.09M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.09M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.79M	USD	Annual
Share-based compensation	`ShareBasedCompensation`	$2.79M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.69M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.69M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.08M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.08M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-12.55M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-12.55M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.03M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.03M	USD	Annual
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.69M	USD	Annual
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.69M	USD	Annual
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$342.78K	USD	Annual
Advance hire, prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$342.78K	USD	Annual
Accounts payable, accrued expenses, other current liabilities and related party payable	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$11.84M	USD	Annual
Accounts payable, accrued expenses, other current liabilities and related party payable	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$11.84M	USD	Annual
Accounts payable, accrued expenses, other current liabilities and related party payable	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-4.08M	USD	Annual
Accounts payable, accrued expenses, other current liabilities and related party payable	`IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities`	$-4.08M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-182.40K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-182.40K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.25M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.25M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.79M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$53.79M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.69M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.69M	USD	Annual
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$27.26M	USD	Annual
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$27.26M	USD	Annual
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$69.26M	USD	Annual
Purchase of vessels and vessel improvements	`PaymentForPurchaseOfVessels`	$69.26M	USD	Annual
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	$17.27M	USD	Annual
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	$17.27M	USD	Annual
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	-	USD	Annual
Proceeds from sale of vessels	`ProceedsfromSaleofVessel`	-	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.20M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.20M	USD	Annual
Purchase of equipment and internal use software	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	Annual
Purchase of equipment and internal use software	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	Annual
Purchase of equipment and internal use software	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$167.48K	USD	Annual
Purchase of equipment and internal use software	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$167.48K	USD	Annual
Contribution Payments To Acquire Non-Controlling Interest	`ContributionPaymentsToAcquireNonControllingInterest`	$171.70K	USD	Annual
Contribution Payments To Acquire Non-Controlling Interest	`ContributionPaymentsToAcquireNonControllingInterest`	$171.70K	USD	Annual
Contribution Payments To Acquire Non-Controlling Interest	`ContributionPaymentsToAcquireNonControllingInterest`	$427.27K	USD	Annual
Contribution Payments To Acquire Non-Controlling Interest	`ContributionPaymentsToAcquireNonControllingInterest`	$427.27K	USD	Annual
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.91M	USD	Annual
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.91M	USD	Annual
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.64M	USD	Annual
Proceeds from Equity Method Investment, Distribution, Return of Capital	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$1.64M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.98M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.98M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.69M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.69M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	$64.15M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	$64.15M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$2.04M	USD	Annual
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$2.04M	USD	Annual
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	Annual
Payments of financing and issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	Annual
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$33.08M	USD	Annual
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$33.08M	USD	Annual
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$15.78M	USD	Annual
Payments of long-term debt	`RepaymentsOfSecuredDebt`	$15.78M	USD	Annual
Proceeds from financing obligations	`ProceedsFromFinanceLease`	$25.00M	USD	Annual
Proceeds from financing obligations	`ProceedsFromFinanceLease`	$25.00M	USD	Annual
Proceeds from financing obligations	`ProceedsFromFinanceLease`	-	USD	Annual
Proceeds from financing obligations	`ProceedsFromFinanceLease`	-	USD	Annual
Payments on financing obligations	`FinanceLeasePrincipalPayments`	$11.30M	USD	Annual
Payments on financing obligations	`FinanceLeasePrincipalPayments`	$11.30M	USD	Annual
Payments on financing obligations	`FinanceLeasePrincipalPayments`	$19.18M	USD	Annual
Payments on financing obligations	`FinanceLeasePrincipalPayments`	$19.18M	USD	Annual
Repayments of Other Long-term Debt	`RepaymentsOfOtherLongTermDebt`	$2.99M	USD	Annual
Repayments of Other Long-term Debt	`RepaymentsOfOtherLongTermDebt`	$2.99M	USD	Annual
Repayments of Other Long-term Debt	`RepaymentsOfOtherLongTermDebt`	$8.94M	USD	Annual
Repayments of Other Long-term Debt	`RepaymentsOfOtherLongTermDebt`	$8.94M	USD	Annual
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$10.40M	USD	Annual
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$10.40M	USD	Annual
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$2.33M	USD	Annual
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$2.33M	USD	Annual
Common stock accrued dividends paid	`PaymentsOfDividendsCommonStock`	$18.71M	USD	Annual
Common stock accrued dividends paid	`PaymentsOfDividendsCommonStock`	$18.71M	USD	Annual
Common stock accrued dividends paid	`PaymentsOfDividendsCommonStock`	$18.10M	USD	Annual
Common stock accrued dividends paid	`PaymentsOfDividendsCommonStock`	$18.10M	USD	Annual
Cash paid for incentive compensation shares relinquished	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	$-127.28K	USD	Annual
Cash paid for incentive compensation shares relinquished	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	$-127.28K	USD	Annual
Cash paid for incentive compensation shares relinquished	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	-	USD	Annual
Cash paid for incentive compensation shares relinquished	`EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards`	-	USD	Annual
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$21.04M	USD	Annual
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$21.04M	USD	Annual
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$2.50M	USD	Annual
Payments to non-controlling interest recorded as long-term liability	`PaymentsToMinorityShareholders`	$2.50M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.23M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.23M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.15M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.15M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.35M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-29.35M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.23M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.23M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.81M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.04M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.04M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$128.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.81M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.04M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$99.04M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$17.98M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$17.98M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$18.85M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$18.85M	USD	Annual
Acquisition of Strategic Shipping Inc. through issuance of 18,059,342 shares of common stock, with a value of $91,019,086, as non-cash consideration.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	Annual
Acquisition of Strategic Shipping Inc. through issuance of 18,059,342 shares of common stock, with a value of $91,019,086, as non-cash consideration.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	-	USD	Annual
Acquisition of Strategic Shipping Inc. through issuance of 18,059,342 shares of common stock, with a value of $91,019,086, as non-cash consideration.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$91.02M	USD	Annual
Acquisition of Strategic Shipping Inc. through issuance of 18,059,342 shares of common stock, with a value of $91,019,086, as non-cash consideration.	`BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable`	$91.02M	USD	Annual
Fair value of loans and lease liabilities (ASC 842) assumed	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	Annual
Fair value of loans and lease liabilities (ASC 842) assumed	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	Annual

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.09M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.09M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.79M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.79M	USD	Annual
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-127.28K	USD	Annual
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-127.28K	USD	Annual
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Issuance of restricted shares, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	Annual
Distribution to Non-Controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.40M	USD	Annual
Distribution to Non-Controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.40M	USD	Annual
Distribution to Non-Controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.33M	USD	Annual
Distribution to Non-Controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.33M	USD	Annual
Common Stock Dividend	`DividendsCommonStock`	$18.78M	USD	Annual
Common Stock Dividend	`DividendsCommonStock`	$18.78M	USD	Annual
Common Stock Dividend	`DividendsCommonStock`	$18.62M	USD	Annual
Common Stock Dividend	`DividendsCommonStock`	$18.62M	USD	Annual
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$28.54M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Net income	`ProfitLoss`	$31.77M	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$370.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$368.72M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$474.66M	USD	Point-in-time
Noncontrolling Interest, Decrease from Business Combination	`NoncontrollingInterestDecreaseFromBusinessCombination`	$-91.02M	USD	Annual
Noncontrolling Interest, Decrease from Business Combination	`NoncontrollingInterestDecreaseFromBusinessCombination`	$-91.02M	USD	Annual

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