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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Preferred Stock
Common Stock
Total Pangaea Logistics Solutions Ltd. Equity
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Non-Controlling Interest
Balance at Dec. 31, 2016 $ 176,677,072 $ 0 $ 3,659 $ 116,271,401 $ 133,677,321 $ (17,409,579) $ 60,405,671
Balance (in shares) at Dec. 31, 2016   0 36,590,417        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Recognized cost for restricted stock issued as compensation 1,074,038     1,074,038 1,074,038    
Issuance of restricted shares (in shares)     670,666        
Issuance of restricted shares, net of forfeitures     $ 66   (66)    
Acquisition of noncontrolling interest (830,906)     6,197,096 6,197,096   (7,028,002)
Contribution from noncontrolling interest 1,359,990           1,359,990
Conversion of related party debt to noncontrolling interest 9,278,800           9,278,800
Issuance of common shares, net of fees (in shares)     6,533,443        
Issuance of common shares, net of fees 13,995,993   $ 654 13,995,993 13,995,339    
Net income 9,100,655     7,812,794   7,812,794 1,287,861
Balance at Dec. 31, 2017 210,655,642 $ 0 $ 4,379 145,351,322 154,943,728 (9,596,785) 65,304,320
Balance (in shares) at Dec. 31, 2017   0 43,794,526        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Recognized cost for restricted stock issued as compensation 1,200,214     1,200,214 1,200,214    
Issuance of restricted shares (in shares)     204,034        
Issuance of restricted shares, net of forfeitures (146,657)   $ 21 (146,657) (146,678)    
Contribution from noncontrolling interest 150,000           150,000
Issuance of common shares, net of fees (50,812)     (50,812) (50,812)    
Net income 23,981,646     17,757,020   17,757,020 6,224,626
Balance at Dec. 31, 2018 233,366,997 $ 0 $ 4,400 161,688,051 $ 155,946,452 5,737,199 $ 71,678,946
Balance (in shares) at Dec. 31, 2018   0 43,998,560        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Change in accounting pronouncement $ (2,423,036)     $ (2,423,036)   $ (2,423,036)