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Related Party Transactions (Details Textual)
3 Months Ended 9 Months Ended 12 Months Ended
May 22, 2015
USD ($)
Oct. 01, 2011
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Dec. 31, 2013
vessel
Jan. 07, 2017
USD ($)
Dec. 31, 2016
USD ($)
Nov. 30, 2014
USD ($)
Related Party Transaction [Line Items]                    
Due to related parties, current     $ 6,929,885   $ 6,929,885       $ 15,972,147  
Proceeds from related party debt         0 $ 1,522,500        
Technical management fees     718,000 $ 538,000 2,022,000 1,411,000        
Dividends payable to the founders     6,334,000   6,334,000          
Stock issued during period, value, issurance of common stock as settlement of accrued dividends         4,385,000 $ 0        
Shareholder Loans To Fund Deposits On Vessels [Member] | Two Ultramax Vessels [Member]                    
Related Party Transaction [Line Items]                    
Due to related parties, current     0   0       9,278,800  
Founder [Member]                    
Related Party Transaction [Line Items]                    
Interest rate, stated percentage   5.00%                
Proceeds from related party debt   $ 10,000,000                
Notes payable, related parties, current     4,325,000   4,325,000       4,325,000  
Construction Of Two New ultramax newbuildings [Member] | Two Ultramax Vessels [Member]                    
Related Party Transaction [Line Items]                    
Purchase obligation, number of vessels | vessel             2      
Bulk Invest, Ltd. [Member]                    
Related Party Transaction [Line Items]                    
Debt Instrument, Face Amount                   $ 5,000,000
Repayments of notes payable $ (3,000,000)       0          
Interest rate, stated percentage                   5.00%
Related Party Debt Current [Member]                    
Related Party Transaction [Line Items]                    
Proceeds from (Repayments of) Related Party Debt         (9,042,262)          
Due to related parties, current     6,929,885   6,929,885       15,972,147  
Accounts Payable and Accrued Liabilities [Member] | Affiliated Companies [Member]                    
Related Party Transaction [Line Items]                    
Proceeds from (Repayments of) Related Party Debt         34,994          
Due to related parties, current     1,144,564   1,144,564       1,109,570  
Loans Payable [Member] | Related Party Debt Current [Member] | Loan Payable To Founders [Member]                    
Related Party Transaction [Line Items]                    
Due to related parties, current     $ 2,000,000   $ 2,000,000       $ 2,000,000  
m/v Bulk Destiny [Member]                    
Related Party Transaction [Line Items]                    
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid               $ 11,200,000