XML 19 R5.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Total Pangaea Logistics  Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Non-Controlling Interest
Balance (in shares) at Dec. 31, 2018     43,998,560      
Balance at Dec. 31, 2018 $ 233,366,997 $ 161,688,051 $ 4,400 $ 155,946,452 $ 5,737,199 $ 71,678,946
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,737,315 1,737,315   1,737,315    
Issuance of restricted shares, net of forfeitures (in shares)     887,562      
Issuance of restricted shares, net of forfeitures (178,783) (178,783) $ 89 (178,872)    
Contribution from Non-Controlling interest 422,519         422,519
Distribution to Non-Controlling interests (4,666,665)         (4,666,665)
Common Stock Dividend (4,658,577) (4,658,577)     (4,658,577)  
Net income 17,048,868 11,657,958     11,657,958 5,390,910
Balance at Dec. 31, 2019 243,071,674 170,245,964 $ 4,489 157,504,895 12,736,580 72,825,710
Balance (in shares) at Dec. 31, 2019     44,886,122      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 2,314,940 2,314,940   2,314,940    
Acquisition of Non-Controlling Interest (22,500,000)         (22,500,000)
Issuance of restricted shares, net of forfeitures (in shares)     561,629      
Issuance of restricted shares, net of forfeitures (238,364) (238,364) $ 56 (238,420)    
Common Stock Dividend (908,955) (908,955)     (908,955)  
Net income 12,692,110 11,352,180     11,352,180 1,339,930
Balance at Dec. 31, 2020 $ 234,431,405 $ 182,765,765 $ 4,545 $ 159,581,415 $ 23,179,805 $ 51,665,640
Balance (in shares) at Dec. 31, 2020     45,447,751