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Margin Accounts, Derivatives and Fair Value Measures - Schedule of Derivative Instruments (Details) - USD ($) | Dec. 31, 2020 | Dec. 31, 2019
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Margin accounts | Level 1 |  |
Derivatives, Fair Value [Line Items] |  |
Asset Derivative | $ 814,062 | $ 269,379
Liability Derivative | 0 | 0
Forward freight agreements | Level 2 |  |
Derivatives, Fair Value [Line Items] |  |
Asset Derivative | 0 | 0
Liability Derivative | 163,335 | 149,760
Fuel swap contracts | Level 2 |  |
Derivatives, Fair Value [Line Items] |  |
Asset Derivative | 0 | 0
Liability Derivative | 47,667 | 322,313
Interest Rate Cap | Level 2 |  |
Derivatives, Fair Value [Line Items] |  |
Asset Derivative | 210,910 | 0
Liability Derivative | $ 0 | $ 0

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