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LOSS PER SHARE (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Numerator:    
Net loss attributable to Pangaea Logistics Solutions Ltd. $ (12,128,449)us-gaap_NetIncomeLoss $ 15,452,369us-gaap_NetIncomeLoss
Less: dividends declared on convertible redeemable preferred stock (6,303,747)us-gaap_DividendsPreferredStock (6,288,456)us-gaap_DividendsPreferredStock
Less: modification of conversion price 0cik0001606909_DebtInstrumentConvertibleModificationOfConversionPrice 0cik0001606909_DebtInstrumentConvertibleModificationOfConversionPrice
Less: beneficial conversion (11,776,661)cik0001606909_EarningsPerShareReconciliationBeneficialConversion (8,959,421)cik0001606909_EarningsPerShareReconciliationBeneficialConversion [1]
Less: settlement of accrued dividends 0cik0001606909_EarningsPerShareReconciliationSettlementOfAccruedDividends (45,843)cik0001606909_EarningsPerShareReconciliationSettlementOfAccruedDividends
Less: settlement of notes 0cik0001606909_IncrementalCommonSharesAttributableToSettlementOfNotes (1,429,217)cik0001606909_IncrementalCommonSharesAttributableToSettlementOfNotes
Less: fair value adjustment 0cik0001606909_EarningsPerShareReconciliationFairValueAdjustment (7,517,915)cik0001606909_EarningsPerShareReconciliationFairValueAdjustment
Total (losses) allocated to common stock $ (30,208,857)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (8,788,483)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Denominator:    
Weighted-average number of shares of common stock outstanding 18,726,308us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 13,421,955us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Basic and Diluted EPS - common stock $ (1.61)us-gaap_EarningsPerShareBasicAndDiluted $ (0.65)us-gaap_EarningsPerShareBasicAndDiluted
[1] The full value of the beneficial conversion adjustment to net income for purposes of calculating EPS is $8,959,421, however retained earnings are reduced by $4,927,423, with the remaining amount as an offset to the increase in additional paid-in capital.