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Net income/(loss) per Common Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the calculation of basic and diluted income/(loss) per share:
Three Months EndedNine Months Ended
September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Net income/(loss)$78,341,270 $(11,159,286)$97,415,605 $(35,178,372)
Weighted Average Shares - Basic12,802,401 10,279,698 12,237,288 10,274,906 
Dilutive effect of stock options, shares issuable under Convertible Bond Debt and restricted stock awards3,133,973 — 3,117,193 — 
Weighted Average Shares - Diluted15,936,374 10,279,698 15,354,481 10,274,906 
Basic income/(loss) per share$6.12 $(1.09)$7.96 $(3.42)
Diluted income/(loss) per share$4.92 $(1.09)$6.34 $(3.42)