Fair Value Measurements (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Liabilities
Restricted cash	$ 29,600,000	$ 11,000,000
Recurring
Assets
Cash and cash equivalents	101,123,450	78,163,638
Recurring | Level 1
Assets
Cash and cash equivalents	101,123,450	78,163,638
Recurring | Level 2
Assets
Cash and cash equivalents	0	0
Recurring | Norwegian Bond Debt Facility
Liabilities
Debt instrument	187,509,565	190,469,155
Recurring | Norwegian Bond Debt Facility | Level 1
Liabilities
Debt instrument	0	0
Recurring | Norwegian Bond Debt Facility | Level 2
Liabilities
Debt instrument	192,240,000	195,040,000
Recurring | New First Lien Facility
Liabilities
Debt instrument	140,392,735	58,939,307
Recurring | New First Lien Facility | Level 1
Liabilities
Debt instrument	0	0
Recurring | New First Lien Facility | Level 2
Liabilities
Debt instrument	143,342,658	60,000,000
Recurring | Convertible Bond Debt
Liabilities
Debt instrument	91,924,874
Recurring | Convertible Bond Debt | Level 2
Liabilities
Debt instrument	$ 120,111,300
Recurring | Ultraco Debt Facility
Liabilities
Debt instrument		81,351,115
Recurring | Ultraco Debt Facility | Level 1
Liabilities
Debt instrument		0
Recurring | Ultraco Debt Facility | Level 2
Liabilities
Debt instrument		$ 82,600,000