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v3.20.4

Fixed Assets - Net Carrying Value (Details) - USD ($) |  | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Oct. 26, 2018 | Sep. 30, 2019 | Feb. 28, 2019 | Dec. 31, 2020 | Dec. 31, 2019
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | $ 356,929,323 | $ 348,563,194
Owned vessels, net |  |  |  | 274,041,626 | 278,926,452
Vessels under finance lease |  |  |  | 45,240,198 | 53,615,305
Finance lease right of use assets, net |  |  |  |  | 53,615,305
Purchase of vessels |  |  |  | 2,892,776 | 41,350,536
m/v BULK PANGAEA |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 13,636,241 | 14,988,076
m/v NORDIC ODYSSEY |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 24,481,390 | 22,897,029
m/v NORDIC ORION |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 22,625,141 | 23,688,812
m/v NORDIC OSHIMA |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 26,966,257 | 28,325,078
m/v NORDIC OLYMPIC |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 27,341,460 | 28,094,764
m/v NORDIC ODIN |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 27,421,649 | 27,931,771
m/v NORDIC OASIS |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 28,029,024 | 29,190,935
m/v BULK ENDURANCE |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 24,024,593 | 25,037,775
m/v BULK NEWPORT |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 11,966,186 | 12,975,767
m/v BULK FREEDOM |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 9,457,640 | 8,269,777
m/v BULK PRIDE |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 14,628,727 | 12,996,311
m/v BULK SPIRIT |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels | $ 1,950,000 |  |  | 12,849,322 | 12,867,060
Purchase of vessels | $ 13,000,000.0 |  | $ 13,000,000.0 |  |
m/v BULK INDEPENDENCE |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 14,020,964 | 14,000,946
m/v BULK FRIENDSHIP |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 13,431,253 | 14,052,500
Purchase of vessels |  | $ 14,100,000 |  |  |
MISS NORA G. PEARL |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Owned vessels |  |  |  | 3,161,779 | 3,609,851
m/v BULK PODS |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Vessels under finance lease |  |  |  | 13,095,023 |
Finance lease right of use assets, net |  |  |  |  | 13,445,308
m/v BULK DESTINY |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Vessels under finance lease |  |  |  | 20,636,264 |
Finance lease right of use assets, net |  |  |  |  | 21,484,733
m/v BULK TRIDENT |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Vessels under finance lease |  |  |  | 11,508,911 |
Finance lease right of use assets, net |  |  |  |  | 12,095,727
m/v BULK BEOTHUK |  |  |  |  |
Property, Plant and Equipment [Line Items] |  |  |  |  |
Vessels under finance lease |  |  |  | $ 0 |
Finance lease right of use assets, net |  |  |  |  | $ 6,589,537

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