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v3.22.4

Fixed Assets - Net Carrying Value (Details) - USD ($) |  | 12 Months Ended
--- | --- | ---
Jan. 27, 2022 | Dec. 31, 2022 | Dec. 31, 2021
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | $ 580,517,259 | $ 567,655,615
Owned vessels, net |  | 473,864,407 | 469,712,054
Property, Plant and Equipment, Other, Net |  | 2,660,345 | 2,200,756
Vessels under finance lease |  | 43,921,569 | 45,195,759
Finance lease right of use assets, net |  |  | 45,195,759
Property, Plant and Equipment, Net |  | 476,524,752 | 471,912,810
Purchase of vessels |  | 35,740,482 | 194,620,582
m/v BULK SACHUEST |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 17,188,278 | 0
m/v NORDIC ODYSSEY (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 20,685,092 | 22,456,407
m/v NORDIC ORION (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 21,406,429 | 23,057,114
m/v NORDIC OSHIMA (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 24,292,108 | 25,612,412
m/v NORDIC OLYMPIC (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 24,627,857 | 26,073,841
m/v NORDIC ODIN (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 24,726,033 | 25,982,802
m/v NORDIC OASIS (1) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 26,232,723 | 27,650,350
m/v BULK ENDURANCE |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 23,106,438 | 23,069,545
m/v BULK NEWPORT |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 10,211,578 | 11,566,639
m/v BULK FREEDOM |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 7,464,118 | 8,476,937
m/v BULK PRIDE |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 12,174,942 | 13,560,656
m/v BULK SPIRIT |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 11,703,170 | 12,293,336
m/v BULK INDEPENDENCE |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 14,879,681 | 13,466,530
m/v BULK FRIENDSHIP (4) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 13,680,578 | 14,526,423
mv BULK FRIENDSHIP |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 17,106,444 |
Property, Plant and Equipment, Net |  |  | 17,797,021
MISS NORA G. PEARL (3) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 2,268,086 | 2,714,931
m/v BULK XAYMACA (5) |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Vessels under finance lease |  | 13,082,596 |
Finance lease right of use assets, net |  |  | 12,661,804
m/v BULK DESTINY |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Vessels under finance lease |  | 19,814,777 |
Finance lease right of use assets, net |  |  | 20,074,619
m/v BULK TRIDENT |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Vessels under finance lease |  | 11,024,196 |
Finance lease right of use assets, net |  |  | 12,459,336
Other Capitalized Property Plant and Equipment |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 37,518,857 | 38,949,402
mv BULK CONCORD |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Vessels under finance lease |  | 0 |
Finance lease right of use assets, net |  |  | 1,990,000
Purchase of vessels | $ 19,900,000 |  |
mv NORDIC QINNGUA |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 37,428,322 | 38,838,142
mv NORDIC SANNGIJUQ |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 37,000,230 | 38,377,457
mv NORDIC SIKU |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 37,393,171 | 38,776,359
mv BULK COURAGEOUS |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 15,755,839 | 16,356,730
Purchase of vessels | $ 16,500,000 |  |
mv BULK PROMISE |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 17,619,467 | 18,306,557
Other Fixed Assets |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Property, Plant and Equipment, Other, Net |  | 2,660,345 | 2,200,756
mv BULK PANGAEA |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | 0 | $ 11,802,463
mv BULK Concord |  |  |
Property, Plant and Equipment [Line Items] |  |  |
Owned vessels |  | $ 19,394,966 |

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