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Consolidated Statements of Stockholders' Equity - USD ($)
Total
Total Pangaea Logistics Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Non-Controlling Interest
Balance (in shares) at Dec. 31, 2018     43,998,560      
Balance at Dec. 31, 2018 $ 233,366,997 $ 161,688,051 $ 4,400 $ 155,946,452 $ 5,737,199 $ 71,678,946
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 674,599 674,599   674,599    
Issuance of restricted shares, net of forfeitures (in shares)     505,530      
Issuance of restricted shares, net of forfeitures 0 0 $ 50 (50)    
Net income 4,481,006 3,702,554     3,702,554 778,452
Balance (in shares) at Mar. 31, 2019     44,504,090      
Balance at Mar. 31, 2019 238,522,602 166,065,204 $ 4,450 156,621,001 9,439,753 72,457,398
Balance (in shares) at Dec. 31, 2019     44,886,122      
Balance at Dec. 31, 2019 243,071,674 170,245,964 $ 4,489 157,504,895 12,736,580 72,825,710
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,102,769 1,102,769   1,102,769    
Issuance of restricted shares, net of forfeitures (in shares)     225,940      
Issuance of restricted shares, net of forfeitures   (43,164) $ 23 (43,187)    
Net income (6,769,646) (6,795,375)     (6,795,375) 25,729
Balance (in shares) at Mar. 31, 2020     45,112,062      
Balance at Mar. 31, 2020 $ 237,361,633 $ 164,510,194 $ 4,512 $ 158,564,477 $ 5,941,205 $ 72,851,439