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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Total Pangaea Logistics  Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Non-Controlling Interest
Balance (in shares) at Dec. 31, 2021     45,617,840      
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 1,767,726 1,767,726   1,767,726    
Issuance of restricted shares, net of forfeitures (in shares)     280,555      
Issuance of restricted shares, net of forfeitures (407,898) (407,898) $ 28 (407,926)    
Distribution to Non-Controlling interests (5,000,000)         (5,000,000)
Common Stock Dividend (13,827,396) (13,827,396)     (13,827,396)  
Net income 85,507,704 79,491,413     79,491,413 6,016,291
Balance at Dec. 31, 2022 368,721,530 314,226,062 $ 4,590 162,894,080 151,327,392 54,495,468
Balance (in shares) at Dec. 31, 2022     45,898,395      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 2,087,807 2,087,807   2,087,807    
Issuance of restricted shares, net of forfeitures (in shares)     568,227      
Issuance of restricted shares, net of forfeitures (127,283) (127,283) $ 58 (127,341)    
Distribution to Non-Controlling interests (10,400,000)         (10,400,000)
Common Stock Dividend (18,623,893) (18,623,893)     (18,623,893)  
Net income 28,537,772 26,323,300     26,323,300 2,214,472
Balance at Dec. 31, 2023 $ 370,195,933 $ 323,885,993 $ 4,648 $ 164,854,546 $ 159,026,799 $ 46,309,940
Balance (in shares) at Dec. 31, 2023     46,466,622