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Debt - Schedule of Debt (Details) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Long-term debt $ 550,171,742  
Current portion of long-term debt (39,244,297) $ (35,709,394)
Total long-term debt 484,287,104 410,067,224
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 184,000,000 188,000,000
Total long-term debt 172,574,882 175,867,310
New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt 237,051,742 172,613,988
Total long-term debt 147,157,424 141,396,770
New Ultraco Debt Facility Revolver Loan    
Debt Instrument [Line Items]    
Total long-term debt 55,000,000  
Super Senior Facility    
Debt Instrument [Line Items]    
Long-term debt 15,000,000  
New First Lien Facility    
Debt Instrument [Line Items]    
Total long-term debt 14,868,997 0
Convertible Debt | Convertible Bond Debt    
Debt Instrument [Line Items]    
Debt discount and debt issuance costs (19,434,199) (21,316,856)
Long-term Debt 94,685,801 92,803,144
Senior Subordinated Notes | Norwegian Bond Debt Facility    
Debt Instrument [Line Items]    
Debt discount and debt issuance costs (3,425,118) (4,132,690)
Current portion of long-term debt (8,000,000) (8,000,000)
Long-term Debt 172,574,882 175,867,310
Term Loan | New Ultraco Debt Facility    
Debt Instrument [Line Items]    
Long-term debt 182,051,742  
Debt discount and debt issuance costs (3,650,021) (3,507,824)
Current portion of long-term debt (31,244,297) (27,709,394)
Long-term Debt 202,157,424 141,396,770
Term Loan | New Ultraco Debt Facility Revolver Loan    
Debt Instrument [Line Items]    
Long-term debt 55,000,000 0
Line of Credit | Super Senior Facility    
Debt Instrument [Line Items]    
Long-term debt   0
Debt discount and debt issuance costs (131,003) 0
Line of Credit | New First Lien Facility    
Debt Instrument [Line Items]    
Long-term Debt $ 14,868,997 $ 0