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Fixed Assets (Tables)
6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property Plant and Equipment Schedule of Significant Acquisitions
At June 30, 2019, the Company owned twenty-one dry bulk vessels including five financed under finance leases; and one barge. The carrying amounts of these vessels, including unamortized drydocking costs, are as follows: 
 
June 30,
 
December 31,
 
2019
 
2018
Owned vessels
(unaudited)
 
 
m/v BULK PANGAEA
$
15,499,311

 
$
15,231,305

m/v BULK PATRIOT
9,663,737

 
10,130,797

m/v BULK JULIANA
10,358,342

 
10,651,029

m/v NORDIC ODYSSEY
23,590,263

 
24,283,497

m/v NORDIC ORION
24,392,141

 
25,095,469

m/v BULK NEWPORT
13,470,429

 
13,956,092

m/v NORDIC BARENTS
4,127,735

 
4,370,817

m/v NORDIC BOTHNIA
4,082,548

 
4,322,490

m/v NORDIC OSHIMA
28,969,352

 
28,897,931

m/v NORDIC ODIN
28,708,182

 
29,151,529

m/v NORDIC OLYMPIC
28,541,651

 
29,321,599

m/v NORDIC OASIS
29,803,793

 
30,416,651

m/v BULK ENDURANCE
25,529,140

 
26,020,505

m/v BULK FREEDOM
8,380,280

 
8,467,058

m/v BULK PRIDE
13,263,936

 
13,531,561

m/v BULK SPIRIT
13,112,983

 
1,950,000

m/v BULK INDEPENDENCE (1)
13,921,582

 

MISS NORA G PEARL
2,995,144

 
2,995,144

 
298,410,549

 
278,793,474

Other fixed assets, net
2,686,006

 
2,561,892

Total fixed assets, net
$
301,096,555

 
$
281,355,366

 
 
 
 
Right of Use Assets
 
 
 
m/v BULK DESTINY
$
21,896,217

 
$
22,307,701

m/v BULK BEOTHUK
6,827,418

 
7,065,300

m/v BULK TRIDENT
12,380,316

 
12,664,906

m/v BULK PODS
$
13,760,248

 
14,075,189

 
$
54,864,199

 
$
56,113,096

(1) 
The Company acquired the 2008 built Supramax (m/v Bulk Independence) on May 14, 2019.