Consolidated Statements of Income - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenue	$ 104,748,553	$ 113,699,075
Expenses:
Voyage expense	37,114,664	56,814,631
Charter hire expense	27,142,850	22,590,840
Vessel operating expense	12,669,257	13,606,815
Terminal & Stevedore Expenses	2,079,187	0
General and administrative	7,278,003	5,691,733
Depreciation and amortization	7,436,473	7,326,860
Loss on sale of vessel	0	1,172,196
Total expenses	93,720,434	107,203,075
Income from operations	11,028,119	6,496,000
Other income (expense):
Interest and Other Income	875,084	1,049,846
Unrealized gain (loss) on derivative instruments, net	5,084,339	(423,569)
Other income	343,924	386,413
Total other income (expense), net	1,637,515	(3,093,088)
Net income	12,665,634	3,402,912
(Income) loss attributable to non-controlling interests	(991,458)	71,355
Net income attributable to Pangaea Logistics Solutions Ltd.	$ 11,674,176	$ 3,474,267
Earnings per common share:
Basic (in dollars per share)	$ 0.26	$ 0.08
Diluted (in dollars per share)	$ 0.25	$ 0.08
Weighted average shares used to compute earnings per common share:
Basic (in shares)	45,214,519	44,712,290
Diluted (in shares)	45,914,772	45,116,719
Nonrelated Party
Other income (expense):
Interest Revenue (Expense), Net	$ (3,850,730)	$ (4,250,514)
Related Party
Other income (expense):
Interest Revenue (Expense), Net	(815,102)	144,736
Voyage revenue
Revenues:
Revenue	87,290,563	107,950,123
Charter revenue
Revenues:
Revenue	15,031,027	5,748,952
Revenue Not from Contract with Customer
Revenues:
Revenue	$ 2,426,963	$ 0