XML 67 R55.htm IDEA: XBRL DOCUMENT v3.23.2
Vessels, net/Assets held for sale, Disposal of vessels (Details)
3 Months Ended 6 Months Ended
Sep. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Vessel
Jun. 30, 2023
USD ($)
Vessel
Jun. 30, 2022
USD ($)
Jun. 02, 2023
USD ($)
Mar. 23, 2023
USD ($)
Mar. 13, 2023
USD ($)
Dec. 31, 2022
USD ($)
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Gain of sale of vessel     $ 3,128,568 $ 0        
Number of vessels first priority mortgaged as collateral to loan facilities | Vessel   17 17          
Number of vessels | Vessel   21 21          
Aggregate carrying value   $ 302,550,388 $ 302,550,388         $ 343,408,466
Assets held for sale   23,048,646 23,048,646         $ 0
M/V Magic Rainbow [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Sale price             $ 12,600,000  
Gain of sale of vessel   3,100,000            
M/V Magic Moon and M/V Magic Twilight [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Carrying value of the vessel   22,373,719 22,373,719          
Deferred charges held for sale   548,078 548,078          
Inventory held for sale   126,849 126,849          
Impairment charges     0          
M/V Magic Moon [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Sale price           $ 13,950,000    
M/V Magic Moon [Member] | Plan [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Gain of sale of vessel $ 4,000,000              
M/V Magic Twilight [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Sale price         $ 17,500,000      
M/V Magic Twilight [Member] | Plan [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Gain of sale of vessel $ 4,600,000              
Vessels Mortgaged as Collateral [Member]                
Assets Held for Sale/ Disposal of Vessels [Abstract]                
Aggregate carrying value   $ 260,100,000 $ 260,100,000