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Debt - Schedule of Debt (Details) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Long-term debt $ 516,420,316  
Current portion of long-term debt (37,194,297) $ (35,709,394)
Total long-term debt 451,620,224 410,067,224
Convertible Bond Debt    
Debt Instrument [Line Items]    
Long-term debt 114,120,000 114,120,000
Norwegian Bond Debt Facility    
Debt Instrument [Line Items]    
Long-term debt 188,000,000 188,000,000
Total long-term debt 176,221,096 175,867,310
New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt 211,800,316 172,613,988
Total long-term debt 134,313,009 141,396,770
New Ultraco Debt Facility Revolver Loan    
Debt Instrument [Line Items]    
Total long-term debt 45,000,000 0
New First Lien Facility    
Debt Instrument [Line Items]    
Total long-term debt 2,355,465 0
Convertible Debt | Convertible Bond Debt    
Debt Instrument [Line Items]    
Debt discount and debt issuance costs (20,389,346) (21,316,856)
Long-term Debt 93,730,654 92,803,144
Senior Subordinated Notes | Norwegian Bond Debt Facility    
Debt Instrument [Line Items]    
Debt discount and debt issuance costs (3,778,904) (4,132,690)
Current portion of long-term debt (8,000,000) (8,000,000)
Long-term Debt 176,221,096 175,867,310
Term Loan | New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt 166,800,316  
Debt discount and debt issuance costs (3,293,010) (3,507,824)
Current portion of long-term debt (29,194,297) (27,709,394)
Long-term Debt 179,313,009 141,396,770
Term Loan | New Ultraco Debt Facility Revolver Loan    
Debt Instrument [Line Items]    
Long-term debt 45,000,000 0
Line of Credit | New First Lien Facility    
Debt Instrument [Line Items]    
Long-term debt   0
Debt discount and debt issuance costs (144,535) 0
Long-term Debt $ 2,355,465 $ 0