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Consolidated Statements of Stockholders' Equity - USD ($)
Total
Total Pangaea Logistics Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Non-Controlling Interest
Beginning Balance (in shares) at Dec. 31, 2020     44,886,122      
Beginning Balance at Dec. 31, 2020 $ 221,911,604 $ 170,245,964 $ 4,489 $ 157,504,895 $ 12,736,580 $ 51,665,640
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,365,734 1,365,734   1,365,734    
Issuance of restricted shares, net of forfeitures (in shares)     193,690      
Issuance of restricted shares, net of forfeitures (129,190) (129,190) $ 19 (129,209)    
Distribution to Non-Controlling Interests (3,333,334)         (3,333,334)
Common Stock Dividend (1,542,842) (1,542,842)     (1,542,842)  
Net Income 26,084,365 25,081,446     25,081,446 1,002,919
Ending Balance (in shares) at Jun. 30, 2021     45,641,441      
Ending Balance at Jun. 30, 2021 256,876,138 207,540,913 $ 4,564 160,817,940 46,718,409 49,335,225
Beginning Balance (in shares) at Mar. 31, 2021     45,572,236      
Beginning Balance at Mar. 31, 2021 241,756,959 189,438,298 $ 4,557 160,399,765 29,033,976 52,318,661
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 418,182 418,182   418,182    
Issuance of restricted shares, net of forfeitures (in shares)     69,205      
Issuance of restricted shares, net of forfeitures 0 0 $ 7 (7)    
Distribution to Non-Controlling Interests (3,333,334)         (3,333,334)
Common Stock Dividend (1,542,842) (1,542,842)     (1,542,842)  
Net Income 19,577,173 19,227,275     19,227,275 349,898
Ending Balance (in shares) at Jun. 30, 2021     45,641,441      
Ending Balance at Jun. 30, 2021 256,876,138 207,540,913 $ 4,564 160,817,940 46,718,409 49,335,225
Beginning Balance (in shares) at Dec. 31, 2021     45,617,840      
Beginning Balance at Dec. 31, 2021 300,681,394 247,202,217 $ 4,562 161,534,280 85,663,375 53,479,177
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,138,785 1,138,785   1,138,785    
Issuance of restricted shares, net of forfeitures (in shares)     374,137      
Issuance of restricted shares, net of forfeitures (287,630) (287,630) $ 37 (287,667)    
Distribution to Non-Controlling Interests (5,000,000)         (5,000,000)
Common Stock Dividend   (5,613,306)     (5,613,306)  
Net Income 49,934,635 45,200,398     45,200,398 4,734,237
Ending Balance (in shares) at Jun. 30, 2022     45,991,977      
Ending Balance at Jun. 30, 2022 340,853,878 287,640,464 $ 4,599 162,385,398 125,250,467 53,213,414
Beginning Balance (in shares) at Mar. 31, 2022     45,991,977      
Beginning Balance at Mar. 31, 2022 316,392,869 265,633,762 $ 4,599 162,074,419 103,554,744 50,759,107
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 310,979 310,979   310,979    
Common Stock Dividend   (3,336,710)     (3,336,710)  
Net Income 27,486,740 25,032,433     25,032,433 2,454,307
Ending Balance (in shares) at Jun. 30, 2022     45,991,977      
Ending Balance at Jun. 30, 2022 $ 340,853,878 $ 287,640,464 $ 4,599 $ 162,385,398 $ 125,250,467 $ 53,213,414