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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Revenue from contract with customer $ 594,537,654 $ 275,133,547 $ 292,377,638
Voyage expenses 104,643,078 89,548,796 87,701,407
Vessel operating expenses 103,876,600 86,527,915 82,342,123
Charter hire expenses 37,101,692 21,280,224 42,168,642
Depreciation and amortization 53,517,372 50,157,147 40,545,904
General and administrative expenses 35,160,889 31,532,109 35,041,996
Impairment of operating lease right-of-use assets 0 352,368 0
Other Cost and Expense, Operating 2,812,415 0 1,125,000
(Gain)/loss on sale of vessels (3,966,370) 489,772 (5,978,566)
Total operating expenses, net 333,145,676 279,888,331 282,946,506
Operating income/(loss) 261,391,978 (4,754,784) 9,431,132
Interest expense 32,256,787 35,392,623 30,577,489
Interest income (91,533) (257,165) (1,867,326)
Realized and unrealized loss/(gain) on derivative instruments, net 38,243,746 (4,826,774) 149,632
Loss on debt extinguishment 6,085,094 0 2,268,452
Total other expense, net 76,494,094 30,308,684 31,128,247
Net income/(loss) $ 184,897,884 $ (35,063,468) $ (21,697,115)
Weighted average shares outstanding*:      
Basic (in shares) [1] 12,399,509 10,310,246 10,195,088
Diluted (in shares) [1] 15,684,392 10,310,246 10,195,088
Earnings Per Share [Abstract]      
Basic net (loss)/income (in dollars per share) [1] $ 14.91 $ (3.40) $ (2.13)
Diluted net (loss)/income (in dollars per share) [1] $ 11.79 $ (3.40) $ (2.13)
[1] * Adjusted to give effect for the 1-for-7 Reverse Stock Split that became effective as of September 15, 2020, see Note 1, General Information.