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Financial Instruments and Fair Value Disclosures (FV) (Details) - USD ($)
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
May 31, 2020
Apr. 30, 2020
Mar. 31, 2020
Derivative Instruments          
Change in fair value $ (495,806) $ (6,070,789)      
Realized gain/(loss) on derivatives (806,229) 1,032,995      
Interest rate swap          
Derivative Instruments          
Derivative fixed interest rate (as a percent)     1.4675% 1.4275%  
Interest rate swap | Derivatives not designated as hedging instruments          
Derivative Instruments          
Gain/(loss) on derivatives, net (1,302,035) (5,037,794)      
Interest rate swap | Derivatives not designated as hedging instruments | Unrealized loss on derivatives          
Derivative Instruments          
Change in fair value (358,268) (6,070,789)      
Interest rate swap | Derivatives not designated as hedging instruments | Realized gain/(loss) on derivatives          
Derivative Instruments          
Realized gain/(loss) on derivatives (541,705) $ 1,032,995      
Interest rate swap | Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments          
Derivative Instruments          
Derivative Liabilities 9,511,097       $ 9,152,829
Forward freight agreements | Derivatives not designated as hedging instruments | Unrealized loss on derivatives          
Derivative Instruments          
Change in fair value (137,538)        
Forward freight agreements | Derivatives not designated as hedging instruments | Realized gain/(loss) on derivatives          
Derivative Instruments          
Realized gain/(loss) on derivatives (264,524)        
Forward freight agreements | Derivatives not designated as hedging instruments | Current liabilities-Derivative instruments          
Derivative Instruments          
Derivative Liabilities $ 2,742,980       $ 2,605,442