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Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues:    
Revenues $ 372,970,373 $ 385,945,564
Expenses:    
Voyage expense 145,146,359 160,577,816
Charter hire expense 116,958,024 132,852,712
Vessel operating expenses 39,830,110 36,435,959
General and administrative 16,483,991 15,163,352
Depreciation and amortization 17,620,725 15,614,571
Loss on sale and leaseback of vessels 860,426 9,275,042
Total expenses 336,899,635 369,919,452
Income from operations 36,070,738 16,026,112
Other (expense) income:    
Interest expense, net (8,694,481) (7,954,126)
Interest expense, related party (202,748) (316,250)
Unrealized (loss) gain on derivative instruments (3,868,948) 360,316
Other income 677,085 984,603
Total other expense, net (12,089,092) (6,925,457)
Net income 23,981,646 9,100,655
Income attributable to noncontrolling interests (6,224,626) (1,287,861)
Net income attributable to Pangaea Logistics Solutions Ltd. $ 17,757,020 $ 7,812,794
Earnings per common share:    
Basic (in dollars per share) $ 0.42 $ 0.20
Diluted (in dollars per share) $ 0.42 $ 0.20
Weighted average shares used to compute earnings per common share    
Basic (in shares) 42,248,776 38,414,383
Diluted (in shares) 42,783,586 38,925,745
Voyage revenue    
Revenues:    
Revenues $ 319,753,056 $ 338,540,738
Charter revenue    
Revenues:    
Revenues $ 53,217,317 $ 47,404,826