Derivative Instruments and Fair Value Measurements - Schedule of Derivative Instruments (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Margin accounts | Fair Value, Inputs, Level 1
Derivatives, Fair Value [Line Items]
Asset Derivative	$ 2,053,309	$ 269,379
Liability Derivative	0	0
Forward freight agreements | Fair Value, Inputs, Level 2
Derivatives, Fair Value [Line Items]
Asset Derivative	0	0
Liability Derivative	89,355	149,760
Fuel swap contracts | Fair Value, Inputs, Level 2
Derivatives, Fair Value [Line Items]
Asset Derivative	0	0
Liability Derivative	1,489,505	322,313
Interest rate cap | Fair Value, Inputs, Level 2
Derivatives, Fair Value [Line Items]
Asset Derivative	203,912	0
Liability Derivative	$ 0	$ 0