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Debt - Summary of Debt (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Debt Instrument [Line Items]    
Long-term debt, gross $ 474,733,988  
Less: current portion (35,709,394) $ (29,176,230)
Total long-term debt 410,067,224 301,583,347
Norwegian Bond Debt    
Debt Instrument [Line Items]    
Long-term debt, gross 188,000,000 196,000,000
Total long-term debt 175,867,310 182,469,155
New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 172,613,988  
Total long-term debt 141,396,770 0
New First Lien Facility    
Debt Instrument [Line Items]    
Long-term debt, gross   60,000,000
Total long-term debt 0 48,189,307
Original Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross   82,600,000
Total long-term debt 0 70,924,885
Convertible Debt | Convertible Debt Securities    
Debt Instrument [Line Items]    
Long-term debt, gross 114,120,000 0
Debt issuance costs (21,316,856) 0
Long-term debt, net 92,803,144 0
Bond Debt | Norwegian Bond Debt    
Debt Instrument [Line Items]    
Long-term debt, gross 188,000,000 196,000,000
Debt issuance costs (4,132,690) (5,530,845)
Less: current portion (8,000,000) (8,000,000)
Long-term debt, net 175,867,310 182,469,155
Term Loan | New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 172,613,988 0
Debt issuance costs (3,507,824) 0
Less: current portion (27,709,394) 0
Long-term debt, net 141,396,770 0
Term Loan | Original Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 0 82,600,000
Debt issuance costs 0 (1,248,885)
Less: current portion 0 (10,426,230)
Long-term debt, net 0 70,924,885
Line of Credit | New First Lien Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 0 60,000,000
Debt issuance costs 0 (1,060,693)
Less: current portion 0 (10,750,000)
Long-term debt, net $ 0 $ 48,189,307