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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenues, net $ 310,094,258 $ 236,784,625 $ 124,492,844
Voyage expenses 79,566,452 62,351,252 42,093,714
Vessel expenses 81,336,260 78,607,244 74,016,763
Charter hire expenses 38,045,778 31,283,956 12,845,468
Depreciation and amortization 37,717,462 33,690,686 38,884,322
General and administrative expenses 36,156,660 33,126,310 22,905,802
Restructuring charges 0 0 5,869,025
(Gain)/loss on sale of vessels (335,160) (2,134,767) 101,860
Vessel impairment 0 0 129,027,862
Total operating expenses 272,487,452 236,924,681 325,744,816
Operating income/(loss) 37,606,806 (140,056) (201,251,972)
Interest expense 25,743,531 29,376,994 21,799,146
Interest expense (585,168) (651,069) (215,433)
Other (income)/expense (126,241) (37,905) 686,750
Loss on debt extinguishment 0 14,968,609 0
Total other expense, net 25,032,122 43,656,629 22,270,463
Net income/(loss) $ 12,574,684 $ (43,796,685) $ (223,522,435)
Weighted average shares outstanding:      
Basic (in shares) 70,665,212 69,182,302 20,565,652
Diluted (in shares) 71,802,173 69,182,302 20,565,652
Per share amounts:      
Basic income/(loss) (in dollars per share) $ 0.18 $ (0.63) $ (10.87)
Diluted net income/(loss) (in dollars per share) $ 0.18 $ (0.63) $ (10.87)