XML 39 R28.htm IDEA: XBRL DOCUMENT v3.19.2
Recent Accounting Pronouncements - Operating Lease Assets and Liabilities (Details) - USD ($)
Jun. 30, 2019
Jan. 01, 2019
Dec. 31, 2018
Lessee, Lease, Description [Line Items]      
Operating lease right-of-use assets $ 22,462,057 $ 28,705,002  
Current portion of operating lease liabilities 12,155,767 14,495,352  
Noncurrent portion of operating lease liabilities 11,788,557 16,027,764  
Fair value below contract value of time charters acquired $ 0   $ 1,818,114
Discount rate 5.48%    
Minimum      
Lessee, Lease, Description [Line Items]      
Discount rate 5.05%    
Maximum      
Lessee, Lease, Description [Line Items]      
Discount rate 6.08%    
Weighted Average      
Lessee, Lease, Description [Line Items]      
Discount rate 5.49%    
Accounting Standards Update 2016-02      
Lessee, Lease, Description [Line Items]      
Operating lease right-of-use assets   28,700,000  
Fair value below contract value of time charters acquired   1,800,000  
Chartered-in contracts greater than 12 months      
Lessee, Lease, Description [Line Items]      
Operating lease right-of-use assets $ 20,194,474 26,144,409  
Current portion of operating lease liabilities 11,547,210 13,802,149  
Noncurrent portion of operating lease liabilities $ 10,129,531 14,160,374  
Discount rate 5.37%    
Office leases      
Lessee, Lease, Description [Line Items]      
Operating lease right-of-use assets $ 2,267,583 2,560,593  
Current portion of operating lease liabilities 608,557 693,203  
Noncurrent portion of operating lease liabilities $ 1,659,026 $ 1,867,390  
Discount rate 5.80%