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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Revenues, net $ 79,370,609 $ 45,855,057
Voyage expenses 22,514,592 13,353,347
Vessel expenses 21,078,657 17,955,519
Charter hire expenses 10,268,064 3,873,332
Depreciation and amortization 9,276,415 7,492,808
General and administrative expenses 9,913,964 7,778,821
Gain on sale of vessel 0 (92,114)
Total operating expenses 73,051,692 50,361,713
Operating income/(loss) 6,318,917 (4,506,656)
Interest expense 6,261,069 6,445,031
Interest income (95,276) (189,798)
Other expense 100,379 306,559
Total other expense, net 6,266,172 6,561,792
Net income/(loss) $ 52,745 $ (11,068,448)
Weighted average shares outstanding:    
Basic (in shares) 70,452,814 65,637,692
Diluted (in shares) 71,531,864 65,637,692
Per share amounts:    
Basic income/(loss) (in dollars per share) $ 0.00 $ (0.17)
Diluted income/(loss) (in dollars per share) $ 0.00 $ (0.17)