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FIXED ASSETS - Schedule of fixed assets (Details) - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Property, Plant and Equipment [Line Items]    
Vessels and vessel improvements property plant and equipment gross $ 350,079,274 $ 363,104,833
Accumulated depreciation and amortization (71,276,800) (59,893,556)
Vessels, vessel upgrades and capitalized dry docking, net 278,802,474 303,211,277
Property, plant and equipment, gross 4,955,735 4,463,225
Accumulated depreciation (1,866,524) (1,381,847)
Other fixed assets, net 3,089,211 3,081,378
Total fixed assets, net 281,891,685 306,292,655
Vessels and vessel upgrades    
Property, Plant and Equipment [Line Items]    
Vessels and vessel improvements property plant and equipment gross 338,469,378 352,874,660
Capitalized dry docking    
Property, Plant and Equipment [Line Items]    
Vessels and vessel improvements property plant and equipment gross 11,609,896 10,230,173
Land and building    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross 2,541,085 2,541,085
Internal use software    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 2,414,650 $ 1,922,140