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Related Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2022
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | Amounts and notes payable to related parties consist of the following:
|  | December 31, 2021 |  | Activity |  | December 31, 2022
Included in trade accounts receivable and voyage revenue on the consolidated balance sheets and statements of income, respectively: |  |  |  |  |  |
Trade receivables due from King George Slag(i) |  | $ | — |  |  | $ | — |  |  | $ | — |
Included in accounts payable and accrued expenses on the consolidated balance sheets: |  |  |  |  |  |
Trade payables due to Seamar (i) |  | $ | 2,847,910 |  |  | $ | (1,204,104) |  |  | $ | 1,643,806 |
Commissions payable (trade payables) (ii) |  | 38,896 |  |  | (38,896) |  |  | — |
Included in current related party notes payable on the consolidated balance sheets: |  |  |  |  |  |
Interest payable – 2011 Founders Note |  | 242,852 |  |  | (242,852) |  |  | — |
Total current related party notes payable |  | $ | 242,852 |  |  | $ | (242,852) |  |  | $ | — |
i.Seamar Management S.A. ("Seamar") Seamar Management S.A. ("Seamar") is a joint venture of which the Company owns 51% at December 31, 2022 and 2021. ii.Phoenix Bulk Carriers (Brasil) Intermediacoes Maritimas Ltda. - a wholly-owned company of a member of the Board of Directors

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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