XML 112 R88.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Information, Information about Company's Reportable Segments (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2021
Segment
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Segment
Dec. 31, 2019
USD ($)
Segment
Segment Information [Abstract]        
Number of reportable segments | Segment 3   1 1
Segment Information [Abstract]        
Vessel revenues, net   $ 132,049,710 $ 12,487,692 $ 5,967,772
Voyage expenses (including charges from related parties)   (12,950,783) (584,705) (261,179)
Vessel operating expenses   (39,203,471) (7,447,439) (2,802,991)
Management fees to related parties   (6,744,750) (930,500) (212,300)
Depreciation and amortization   (14,362,828) (1,904,963) (897,171)
Provision for doubtful accounts   (2,483) (37,103) 0
Operating income   55,519,085 452,029 1,283,263
Less: Unallocated corporate general and administrative expenses   (3,266,310) (1,130,953) (378,777)
Time Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   111,900,699 12,487,692 5,967,772
Voyage Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   15,002,012 0 0
Pool [Member]        
Segment Information [Abstract]        
Vessel revenues, net   5,146,999 0 0
Dry Bulk Segment [Member]        
Segment Information [Abstract]        
Operating income   58,630,483 452,029 1,283,263
Aframax/LR2 Tanker Segment [Member]        
Segment Information [Abstract]        
Operating income   1,257,050    
Handysize Tanker Segment [Member]        
Segment Information [Abstract]        
Operating income   (1,102,138)    
Operating Segment [Member]        
Segment Information [Abstract]        
Operating income [1]   58,785,395    
Operating Segment [Member] | Dry Bulk Segment [Member]        
Segment Information [Abstract]        
Vessel revenues, net   102,785,442 12,487,692 5,967,772
Voyage expenses (including charges from related parties)   (1,891,265) (584,705) (261,179)
Vessel operating expenses   (26,841,600) (7,447,439) (2,802,991)
Management fees to related parties   (4,890,900) (930,500) (212,300)
Depreciation and amortization   (10,528,711) (1,904,963) (897,171)
Provision for doubtful accounts   (2,483) (37,103) 0
Operating income [1]   58,630,483 1,582,982 1,794,131
Operating Segment [Member] | Dry Bulk Segment [Member] | Time Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   102,785,442 12,487,692 5,967,772
Operating Segment [Member] | Dry Bulk Segment [Member] | Voyage Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   0 0 0
Operating Segment [Member] | Dry Bulk Segment [Member] | Pool [Member]        
Segment Information [Abstract]        
Vessel revenues, net   0 0 0
Operating Segment [Member] | Aframax/LR2 Tanker Segment [Member]        
Segment Information [Abstract]        
Vessel revenues, net   26,559,413    
Voyage expenses (including charges from related parties)   (11,003,925)    
Vessel operating expenses   (9,776,724)    
Management fees to related parties   (1,433,950)    
Depreciation and amortization   (3,087,764)    
Provision for doubtful accounts   0    
Operating income [1]   1,257,050    
Operating Segment [Member] | Aframax/LR2 Tanker Segment [Member] | Time Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   9,115,257    
Operating Segment [Member] | Aframax/LR2 Tanker Segment [Member] | Voyage Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   15,002,012    
Operating Segment [Member] | Aframax/LR2 Tanker Segment [Member] | Pool [Member]        
Segment Information [Abstract]        
Vessel revenues, net   2,442,144    
Operating Segment [Member] | Handysize Tanker Segment [Member]        
Segment Information [Abstract]        
Vessel revenues, net   2,704,855    
Voyage expenses (including charges from related parties)   (55,593)    
Vessel operating expenses   (2,585,147)    
Management fees to related parties   (419,900)    
Depreciation and amortization   (746,353)    
Provision for doubtful accounts   0    
Operating income [1]   (1,102,138)    
Operating Segment [Member] | Handysize Tanker Segment [Member] | Time Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   0    
Operating Segment [Member] | Handysize Tanker Segment [Member] | Voyage Charter [Member]        
Segment Information [Abstract]        
Vessel revenues, net   0    
Operating Segment [Member] | Handysize Tanker Segment [Member] | Pool [Member]        
Segment Information [Abstract]        
Vessel revenues, net   2,704,855    
Corporate [Member]        
Segment Information [Abstract]        
Less: Unallocated corporate general and administrative expenses   (3,266,310)    
Corporate [Member] | Dry Bulk Segment [Member]        
Segment Information [Abstract]        
Less: Unallocated corporate general and administrative expenses   0 $ (1,130,953) $ (510,868)
Corporate [Member] | Aframax/LR2 Tanker Segment [Member]        
Segment Information [Abstract]        
Less: Unallocated corporate general and administrative expenses   0    
Corporate [Member] | Handysize Tanker Segment [Member]        
Segment Information [Abstract]        
Less: Unallocated corporate general and administrative expenses   $ 0    
[1] Does not include unallocated corporate general and administrative expenses amounting to $510,868, $1,130,953 and $3,266,310 in each of the years ended December 31, 2019, 2020 and 2021, respectively.