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Equity Offerings (Details)
$ / shares in Units, shares in Millions
9 Months Ended
Jan. 20, 2017
USD ($)
Dec. 13, 2016
USD ($)
vessel
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
Sep. 30, 2016
USD ($)
Dec. 31, 2016
$ / shares
Subsidiary, Sale of Stock [Line Items]          
Common stock, par value (in dollars per share) | $ / shares     $ 0.01   $ 0.01
Net proceeds from issuance of stock | $     $ 96,030,003 $ 85,700,535  
December Private Placement          
Subsidiary, Sale of Stock [Line Items]          
Issuance of shares for private placement (in shares) | shares   22.2      
Common stock, par value (in dollars per share) | $ / shares   $ 0.01      
Common Stock, purchase price (in dollars per share) | $ / shares   $ 4.50      
Gross proceeds from issuance of stock | $   $ 100,000,000      
Net proceeds from issuance of stock | $ $ 96,000,000        
Ultramax Vessels          
Subsidiary, Sale of Stock [Line Items]          
Number of vessels acquired | vessel   2