Vessels (Tables)

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

Schedule of vessel and vessel improvements

Vessel and vessel improvements consist of the following:

Vessels and vessel improvements, at December 31, 2018	$	682,944,936
Advance paid for purchase of Cape Town Eagle at December 31, 2018	2,040,000
Purchase of Vessels and Vessel Improvements	18,477,740
Sale of vessel	(8,732,865		)
Vessel depreciation expense	(16,308,674		)
Vessels and vessel improvements, at June 30, 2019	$	678,421,137