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Debt - Summary of Debt (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Long-term debt, gross $ 475,549,594  
Less: current portion (39,244,297) $ (35,709,394)
Total long-term debt 412,931,021 410,067,224
Convertible Debt Securities    
Debt Instrument [Line Items]    
Long-term debt   114,120,000
Norwegian Bond Debt    
Debt Instrument [Line Items]    
Long-term debt, gross 180,000,000  
Total long-term debt 169,290,230 175,867,310
Long-term debt 180,000,000 188,000,000
New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 166,429,594  
Total long-term debt 132,083,949 141,396,770
Long-term debt 166,429,594 172,613,988
Convertible Debt | Convertible Debt Securities    
Debt Instrument [Line Items]    
Long-term debt, gross 114,120,000  
Debt issuance costs (17,459,515) (21,316,856)
Long-term debt, net 96,660,485 92,803,144
Bond Debt | Convertible Debt Securities    
Debt Instrument [Line Items]    
Debt issuance costs   (21,316,856)
Bond Debt | Norwegian Bond Debt    
Debt Instrument [Line Items]    
Long-term debt, gross 180,000,000 188,000,000
Debt issuance costs (2,709,770) (4,132,690)
Less: current portion (8,000,000) (8,000,000)
Long-term debt, net 169,290,230 175,867,310
Term Loan | New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 166,429,594  
Debt issuance costs (3,101,348) (3,507,824)
Less: current portion (31,244,297) (27,709,394)
Long-term debt, net 132,083,949 141,396,770
Term Loan | Original Ultraco Debt Facility    
Debt Instrument [Line Items]    
Debt issuance costs   (3,507,824)
Line of Credit | New First Lien Facility    
Debt Instrument [Line Items]    
Long-term debt, gross 15,000,000 0
Debt issuance costs   0
Long-term debt, net $ 14,896,357 $ 0