Consolidated Statements of Income - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues:
Voyage revenue	$ 80,231,015	$ 53,548,976	$ 157,919,464	$ 95,523,295
Charter revenue	11,192,763	3,412,729	17,959,435	5,375,929
Revenues	91,423,778	56,961,705	175,878,899	100,899,224
Expenses:
Voyage expense	38,597,148	26,766,724	79,869,067	45,267,606
Charter hire expense	33,174,063	15,041,229	56,375,218	23,544,403
Vessel operating expense	9,074,357	7,904,828	17,665,599	14,793,910
General and administrative	3,141,276	2,935,950	6,656,040	5,972,321
Depreciation and amortization	3,711,712	3,528,596	7,653,507	7,044,052
Loss on sale and leaseback of vessels	4,915,044	0	9,205,042	0
Total expenses	92,613,600	56,177,327	177,424,473	96,622,292
(Loss) income from operations	(1,189,822)	784,378	(1,545,574)	4,276,932
Other income (expense):
Interest expense, net	(2,244,110)	(1,530,425)	(3,875,098)	(2,900,038)
Interest expense on related party debt	(78,846)	(75,010)	(156,825)	(155,500)
Unrealized (loss) gain on derivative instruments, net	1,476,380	(1,387,391)	(490,007)	(1,051,432)
Other income (expense)	813,356	67,661	908,006	(34,657)
Total other expense, net	(2,985,980)	(150,383)	(2,633,910)	(2,038,763)
Net (loss) income	(4,175,802)	633,995	(4,179,484)	2,238,169
Income (loss) attributable to non-controlling interests	(561,379)	(504,361)	789,146	(911,431)
Net (loss) income attributable to Pangaea Logistics Solutions Ltd.	$ (4,737,181)	$ 129,634	$ (3,390,338)	$ 1,326,738
(Loss) earnings per common share:
Basic (in dollars per share)	$ (0.13)	$ 0.00	$ (0.10)	$ 0.04
Diluted (in dollars per share)	$ (0.13)	$ 0.00	$ (0.10)	$ 0.04
Weighted average shares used to compute earnings per common share
Weighted Average Number of Shares Outstanding, Basic	35,539,186	35,150,453	35,411,060	35,140,332
Weighted Average Number of Shares Outstanding, Diluted	35,539,186	35,337,290	35,411,060	35,269,824