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SECURED LONG-TERM DEBT - Schedule of Long-term Debt (Details) - USD ($) | Dec. 31, 2018 | Dec. 31, 2017 | Jun. 14, 2017 | Sep. 19, 2016 | Dec. 11, 2015 | Mar. 07, 2014 | May 31, 2013
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Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | $ 117,406,006 | $ 138,464,749 |  |  |  |  |
Less: unamortized bank fees | (1,903,994) | (1,869,780) |  |  |  |  |
Long-term Debt | 115,502,012 | 136,594,969 |  |  |  |  |
Less: current portion | (20,127,742) | (18,979,335) |  |  |  |  |
Secured long-term debt, net | 95,374,270 | 117,615,634 |  |  |  |  |
Bulk Trident Secured Note |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 0 | 3,452,500 |  |  |  |  |
Bulk Juliana Secured Note |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 0 | 1,521,095 |  |  |  |  |
Bulk Phoenix Secured Note |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 2,702,374 | 4,473,805 |  |  |  |  |
Bulk Nordic Odin Ltd., Bulk Nordic Olympic Ltd. Bulk Nordic Odyssey Ltd., Bulk Nordic Orion Ltd. and Bulk Nordic Oshima Ltd. Amended and Restated Loan Agreement (2) |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 62,325,000 | 69,825,000 |  |  |  |  |
Term Loan Facility of USD 13,000,000 (Nordic Bulk Barents Ltd. and Nordic Bulk Bothnia Ltd.) |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 4,489,100 | 5,793,460 |  |  |  |  |
Bulk Nordic Oasis Ltd. Loan Agreement |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 17,000,000 | 18,500,000 |  |  |  |  |
The Amended Senior Facility - Dated December 21, 2017 |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 25,626,665 | 28,803,333 |  |  |  |  |
Bulk Freedom Loan Agreement |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 4,450,000 | 5,150,000 |  |  |  |  |
109 Long Wharf Commercial Term Loan |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 812,867 | 922,466 |  |  |  |  |
Phoenix Bulk Carriers (US) LLC Automobile Loan |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Secured Debt | 0 | $ 23,090 |  |  |  |  |
Secured Debt | Bulk Phoenix Secured Note |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  |  |  |  | $ 10,000,000
Secured Debt | Term Loan Facility of USD 13,000,000 (Nordic Bulk Barents Ltd. and Nordic Bulk Bothnia Ltd.) |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, face amount | $ 13,000,000 |  |  |  |  | $ 13,000,000 |
Secured Debt | Bulk Nordic Oasis Ltd. Loan Agreement |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  |  | $ 21,500,000 |  |
Secured Debt | Bulk Freedom Loan Agreement |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, face amount |  |  | $ 5,500,000 |  |  |  |
Secured Debt | Phoenix Bulk Carriers (US) LLC Automobile Loan |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |
Debt instrument, face amount |  |  |  | $ 29,435 |  |  |

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