XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Total Pangaea Logistics Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Non-Controlling Interest
Beginning Balance (in shares) at Dec. 31, 2020     45,447,751      
Beginning Balance at Dec. 31, 2020 $ 234,431,405 $ 182,765,765 $ 4,545 $ 159,581,415 $ 23,179,805 $ 51,665,640
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 947,552 947,552   947,552    
Issuance of restricted shares, net of forfeitures (in shares)     124,485      
Issuance of restricted shares, net of forfeitures (129,190) (129,190) $ 12 (129,202)    
Net Income 6,507,192 5,854,171     5,854,171 653,021
Ending Balance (in shares) at Mar. 31, 2021     45,572,236      
Ending Balance at Mar. 31, 2021 241,756,959 189,438,298 $ 4,557 160,399,765 29,033,976 52,318,661
Beginning Balance (in shares) at Dec. 31, 2021     45,617,840      
Beginning Balance at Dec. 31, 2021 300,681,394 247,202,217 $ 4,562 161,534,280 85,663,375 53,479,177
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 827,806 827,806   827,806    
Issuance of restricted shares, net of forfeitures (in shares)     374,137      
Issuance of restricted shares, net of forfeitures (287,630) (287,630) $ 37 (287,667)    
Distribution to Non-Controlling Interests (5,000,000)         (5,000,000)
Common Stock Dividend   (2,276,596)     (2,276,596)  
Net Income 22,447,895 20,167,965     20,167,965 2,279,930
Ending Balance (in shares) at Mar. 31, 2022     45,991,977      
Ending Balance at Mar. 31, 2022 $ 316,392,869 $ 265,633,762 $ 4,599 $ 162,074,419 $ 103,554,744 $ 50,759,107