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Unaudited Quarterly Data (Details) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Revenues $ 112,800,000 $ 103,700,000 $ 70,400,000 $ 95,900,000 $ 130,500,000 $ 118,900,000 $ 83,300,000 $ 79,600,000   $ 382,895,991 $ 412,197,819
Voyage expense 41,600,000 40,700,000 31,800,000 47,800,000 51,000,000.0 45,100,000 37,200,000 32,200,000   161,881,133 165,478,629
Charter hire expense 45,300,000 35,000,000.0 15,200,000 32,300,000 47,700,000 42,000,000.0 18,300,000 24,900,000   127,769,042 132,950,418
Vessel operating expenses 9,100,000 9,700,000 9,300,000 9,900,000 13,100,000 11,300,000 11,100,000 9,800,000   38,047,308 45,266,464
General and administrative 4,400,000 3,700,000 3,900,000 4,000,000.0 5,200,000 2,800,000 5,400,000 4,000,000.0   15,915,035 17,378,681
Depreciation and amortization 4,200,000 4,200,000 4,300,000 4,200,000 5,000,000.0 4,700,000 4,500,000 4,400,000   17,055,271 18,529,476
Loss on impairment of vessels 0 0 1,800,000 0 4,800,000 0 0 0 $ 1,800,000 1,801,039 4,751,143
Loss on sales of vessels 0 500,000 300,000 (100,000) 4,600,000 0 0 0   730,065 4,584,796
Total operating expenses 104,600,000 93,800,000 66,600,000 98,100,000 131,400,000 105,900,000 76,500,000 75,300,000   363,198,893 388,939,607
Income from operations 8,200,000 9,900,000 3,800,000 (2,200,000) (900,000) 13,000,000.0 6,800,000 4,300,000   19,697,098 23,258,212
Interest expense, net (1,800,000) (2,000,000.0) (2,000,000.0) (2,100,000) (2,400,000) (2,500,000) (2,100,000) (2,200,000)   (7,831,314) (9,227,784)
Interest expense, related party 0 0 0 0 0 0 (100,000) 0   0 (50,241)
Unrealized (loss) gain on derivative instruments 1,400,000 0 1,400,000 (2,900,000) 500,000 (300,000) 200,000 2,300,000   (156,019) 2,753,834
Other income 0 300,000 100,000 600,000 (300,000) 200,000 200,000 200,000   982,345 314,847
Total other expense, net (400,000) (1,700,000) (500,000) (4,400,000) (2,200,000) (2,600,000) (1,800,000) 300,000   (7,004,988) (6,209,344)
Net income 7,900,000 8,200,000 3,300,000 (6,800,000) (3,000,000.0) 10,400,000 5,200,000 4,500,000   12,692,110 17,048,868
Income attributable to noncontrolling interests (300,000) (700,000) (300,000) 0 (1,400,000) (2,100,000) (1,100,000) (800,000)   (1,339,930) (5,390,910)
Net income attributable to Pangaea Logistics Solutions Ltd. $ 7,600,000 $ 7,500,000 $ 3,000,000.0 $ (6,800,000) $ (4,400,000) $ 8,300,000 $ 4,100,000 $ 3,700,000   $ 11,352,180 $ 11,657,958
Earnings per common share:                      
Basic (in dollars per share) $ 0.17 $ 0.17 $ 0.07 $ (0.16) $ (0.10) $ 0.19 $ 0.09 $ 0.09   $ 0.26 $ 0.27
Diluted (in dollars per share) $ 0.17 $ 0.17 $ 0.07 $ (0.16) $ (0.10) $ 0.19 $ 0.09 $ 0.09   $ 0.26 $ 0.27
Weighted average shares used to compute earnings per common share                      
Basic (in shares) 43,489,698 43,488,241 43,445,789 43,341,005 42,819,589 42,817,933 42,767,785 42,601,227   43,417,879 42,752,413
Diluted (in shares) 44,337,242 43,510,961 43,445,789 43,341,005 42,819,589 43,354,742 43,293,022 43,071,632   43,817,348 43,267,178
Voyage revenue                      
Revenues $ 98,200,000 $ 98,100,000 $ 66,900,000 $ 86,500,000 $ 118,600,000 $ 103,800,000 $ 77,400,000 $ 65,900,000   $ 349,738,153 $ 365,714,864
Charter revenue                      
Revenues $ 14,600,000 $ 5,600,000 $ 3,500,000 $ 9,400,000 $ 11,900,000 $ 15,100,000 $ 5,900,000 $ 13,700,000   $ 33,157,838 $ 46,482,955