Vessels (Tables)

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Schedule of vessel and vessel improvements

The Vessels and vessel improvements activity for the nine months ended September 30, 2020 is below:

Vessels and vessel improvements, at December 31, 2019	$	835,959,084
Purchase of vessel improvements	605,660
Sale of vessel	(4,552,628)
Vessel held for sale	(5,475,370)
Scrubbers and BWTS	38,884,772
Depreciation expense	(31,850,808)
Vessels and vessel improvements, at September 30, 2020	$	833,570,710