XML 23 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES:        
Revenue from services $ 1,174,376 $ 1,174,376 $ 0 $ 0
EXPENSES:        
Voyage expenses   4,248,856 5,052,228 3,721,277
General and administrative expenses   13,343,878 5,681,371 7,043,937
OTHER INCOME/(EXPENSES):        
Interest and finance costs   6,086,355 11,259,643 7,681,482
Related Party [Member]        
REVENUES:        
Revenue from services $ 381,778 381,778 0 0
EXPENSES:        
Voyage expenses   1,170,615 1,274,384 1,944,288
General and administrative expenses   7,719,165 3,099,000 2,100,000
OTHER INCOME/(EXPENSES):        
Interest and finance costs   $ 781,828 $ 0 $ 0