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SECURED LONG-TERM DEBT (Details Textual) - Secured Debt |  |  |  |  |  |  |  |  |  | 12 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 21, 2017 USD ($) installment | Jun. 14, 2017 USD ($) installment | Dec. 21, 2016 USD ($) installment | Sep. 19, 2016 USD ($) installment | May 27, 2016 USD ($) installment | Dec. 11, 2015 USD ($) installment | Sep. 28, 2015 USD ($) installment | Mar. 07, 2014 USD ($) tranche installment | May 31, 2013 USD ($) installment | Dec. 31, 2018 USD ($) | Apr. 27, 2017 | Mar. 31, 2017 | Mar. 27, 2017 | Jan. 31, 2017 | Dec. 28, 2016 | Sep. 30, 2016 | Jan. 23, 2014 USD ($)
Bulk Phoenix Secured Note |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  |  |  | $ 10,000,000 |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5.09% |
Balloon payment to be paid |  |  |  |  |  |  |  |  | $ 1,816,659 |  |  |  |  |  |  |  |
Bulk Nordic Oasis Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  | $ 21,500,000 |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  | 375,000 |  |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.30% |  |
Balloon payment to be paid |  |  |  |  |  | $ 12,500,000 |  |  |  |  |  |  |  |  |  |  |
m/v NORDIC OASIS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  | 24 |  |  |  |  |  |  |  |  |  |  |
Nordic Bulk Barents Ltd. and Nordic Bulk Bothnia Ltd |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  |  | $ 13,000,000 |  | $ 13,000,000 |  |  |  |  |  |  |
Balloon payment to be paid |  |  |  |  |  |  |  | $ 1,755,415 |  |  |  |  |  |  |  |  |
Payment terms |  |  |  |  |  |  |  | In addition, any cash in excess of $750,000 per borrower on any repayment date shall be applied toward prepayment of the relevant loan in inverse order, so the balloon payment is prepaid first |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  |  |  |  | 2.50% |  |  |  |  |  |  |  |  |
Number of tranches | tranche |  |  |  |  |  |  |  | 2 |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 5.29% |  |  |  |  |  |  |
Nordic Bulk BothnIa Ltd. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term line of credit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 6,500,000
Nordic Bulk Barents Ltd. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term line of credit |  |  |  |  |  |  |  | $ 6,500,000 |  |  |  |  |  |  |  |  |
Bulk Nordic Six Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  |  |  | 4.74% |  |  |  |
Bulk Endurance Senior Tranche Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  | $ 16,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Bulk Freedom Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  | $ 5,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balloon payment to be paid |  | $ 2,300,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  | 3.75% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 6.09% |  |  |  |  |  |  |
Interest rate, increase quarterly |  |  |  |  |  |  |  |  |  | 6.51% |  |  |  |  |  |  |
109 Long Wharf Commercial Term Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  | $ 1,096,000 |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  | 120 |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  | $ 9,133 |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 2.00% |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 4.79% |  |  |  |  |  |  |
Phoenix Bulk Carriers (US) LLC Automobile Loan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  | $ 29,435 |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  | 60 |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  | $ 539 |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  | 3.74% |  |  |  |  |  |  |  |  |  |  |  |  |
m/v Nordic Odin and m/v Nordic Olympic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  | $ 21,750,000 |  |  |  |  |  |  |  |  |  |
m/v Nordic Odin and m/v Nordic Olympic | Bulk Nordic Odin, Bulk Nordic Olympic, Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  | 28 |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  | $ 375,000 |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  | 4.07% |  |  | 3.95% |  |  |
Balloon payment to be paid |  |  |  |  |  |  | $ 11,233,150 |  |  |  |  |  |  |  |  |  |
Interest rate, portion fixed |  |  |  |  |  |  |  |  |  |  |  |  |  | 50.00% |  |  |
m/v Nordic Odin and m/v Nordic Olympic | Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Debt Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  |  |  | 2.00% |  |  |  |  |  |  |  |  |  |
Odyssey and Orion |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  | $ 13,500,000 |  |  |  |  |  |  |  |  |  |
Odyssey and Orion | Bulk Nordic Odin, Bulk Nordic Olympic, Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  | 20 |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  | $ 5,677,203 |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  |  | 4.24% |  |  |  |  |
Balloon payment to be paid |  |  |  |  |  |  | $ 375,000 |  |  |  |  |  |  |  |  |  |
Interest rate, portion fixed |  |  |  |  |  |  |  |  |  |  |  | 50.00% |  |  |  |  |
Odyssey and Orion | Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Debt Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  |  |  | 2.40% |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 5.19% |  |  |  |  |  |  |
m/v NORDIC OSHIMA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  | $ 21,000,000 |  |  |  |  |  |  |  |  |  |
m/v NORDIC OSHIMA | Bulk Nordic Odin, Bulk Nordic Olympic, Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  |  |  |  |  |  |  |  |  |  | 4.16% |  |  |
Interest rate, portion fixed |  |  |  |  |  |  |  |  |  |  |  |  |  | 50.00% |  |  |
m/v NORDIC OSHIMA | Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Debt Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 5.04% |  |  |  |  |  |  |
Nordic Bulk Oshima | Bulk Nordic Odin, Bulk Nordic Olympic, Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  | 28 |  |  |  |  |  |  |  |  |  |
Nordic Bulk Oshima | Bulk Nordic Odyssey, Bulk Nordic Orion and Bulk Nordic Oshima Debt Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  | $ 375,000 |  |  |  |  |  |  |  |  |  |
Balloon payment to be paid |  |  |  |  |  |  | $ 11,254,295 |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  |  |  | 2.25% |  |  |  |  |  |  |  |  |  |
Eight equal quarterly installments | Bulk Freedom Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  | 8 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  | $ 175,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One Installment Per Borrower | Nordic Bulk Barents Ltd. and Nordic Bulk Bothnia Ltd |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  |  | $ 163,010 |  |  |  |  |  |  |  |  |
Twenty-two equal quarterly installments | Nordic Bulk Barents Ltd. and Nordic Bulk Bothnia Ltd |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  |  | 22 |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  |  | $ 163,045 |  |  |  |  |  |  |  |  |
Twelve equal quarterly installments | Bulk Freedom Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  | 12 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  | $ 150,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Seven equal quarterly installments | Bulk Phoenix Secured Note |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  |  |  | 7 |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  |  |  | $ 442,858 |  |  |  |  |  |  |  |
Two quarterly installment | Bulk Phoenix Secured Note |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  |  |  |  |  |  |  | 2 |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  |  |  |  |  |  |  | $ 700,000 |  |  |  |  |  |  |  |
Tranche A | Bulk Nordic Six Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  | 19,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balloon payment to be paid |  |  | $ 11,667,667 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tranche A | The Amended Senior Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount | $ 10,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tranche A | Three equal quarterly installments | Bulk Nordic Six Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments |  |  | 3 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  | $ 100,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tranche A | Seventeen equal quarterly installments | Bulk Nordic Six Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  | 17 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  | $ 266,667 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tranche B | Bulk Nordic Six Ltd. Loan Agreement |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  | $ 3,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment |  |  | 18 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount |  |  | $ 65,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balloon payment to be paid |  |  | $ 2,330,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  | 6.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 8.79% |  |  |  |  |  |  |
Tranche C | The Amended Senior Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount | $ 8,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment | 16 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount | $ 275,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balloon payment to be paid | $ 4,100,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate | 2.75% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 5.54% |  |  |  |  |  |  |
Tranche D | The Amended Senior Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term Debt [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount | $ 1,500,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of periodic payments | installment | 4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Periodic payment, principal amount | $ 375,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable rate | 6.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate, effective percentage |  |  |  |  |  |  |  |  |  | 8.79% |  |  |  |  |  |  |

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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Amount of the required periodic payments applied to principal. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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