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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Revenues, net $ 77,389,597 $ 79,370,609
Voyage expenses 25,906,140 22,514,592
Vessel expenses 20,093,706 21,078,657
Charter hire expenses 11,491,906 10,268,064
Depreciation and amortization 9,407,108 9,276,415
General and administrative expenses 8,409,919 9,913,964
Gain on sale of vessels (4,106,547) 0
Total operating expenses 71,202,232 73,051,692
Operating income 6,187,365 6,318,917
Interest expense 6,762,003 6,261,069
Interest income (434,318) (95,276)
Loss on debt extinguishment 2,268,452 0
Other (income)/expense (2,438,255) 100,379
Total other expense, net 6,157,882 6,266,172
Net income $ 29,483 $ 52,745
Weighted average shares outstanding:    
Basic (in shares) 71,283,301 70,452,814
Diluted (in shares) 72,070,868 71,531,864
Per share amounts:    
Basic net income (in dollars per share) $ 0.0000 $ 0.0000
Diluted net income (in dollars per share) $ 0.0000 $ 0.0000