XML 48 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Derivative Instruments and Fair Value Measurements - Unrealized Gain (Loss) on Derivative Instruments (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Unrealized gain (loss) on derivative instruments, net $ 5,344,327 $ (18,098) $ 13,670,475 $ (1,530,875)
Forward Contracts [Member]        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Derivative gain (loss) 471,511 19,924 2,153,740  
Forward freight agreements        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Unrealized gain (loss) on derivative instruments, net 4,891,791 (57,765) 11,032,675 60,405
Fuel swap contracts        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Unrealized gain (loss) on derivative instruments, net       (1,167,192)
Interest rate cap        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Unrealized gain (loss) on derivative instruments, net $ (18,975) $ 19,743 $ 484,060 $ (424,088)