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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, 2020     45,447,751      
Balance at Dec. 31, 2020 $ 234,431,405 $ 182,765,765 $ 4,545 $ 159,581,415 $ 23,179,805 $ 51,665,640
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 2,102,897 2,102,897   2,102,897    
Issuance of restricted shares, net of forfeitures (in shares)     170,089      
Issuance of restricted shares, net of forfeitures (150,015) (150,015) $ 17 (150,032)    
Distribution to Non-Controlling interests (3,333,334)         (3,333,334)
Common Stock Dividend (4,743,263) (4,743,263)     (4,743,263)  
Net income 72,373,704 67,226,833     67,226,833 5,146,871
Balance at Dec. 31, 2021 300,681,394 247,202,217 $ 4,562 161,534,280 85,663,375 53,479,177
Balance (in shares) at Dec. 31, 2021     45,617,840      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 1,767,726 1,767,726   1,767,726    
Issuance of restricted shares, net of forfeitures (in shares)     280,555      
Issuance of restricted shares, net of forfeitures (407,898) (407,898) $ 28 (407,926)    
Distribution to Non-Controlling interests (5,000,000)         (5,000,000)
Common Stock Dividend (13,827,396) (13,827,396)     (13,827,396)  
Net income 85,507,704 79,491,413     79,491,413 6,016,291
Balance at Dec. 31, 2022 $ 368,721,530 $ 314,226,062 $ 4,590 $ 162,894,080 $ 151,327,392 $ 54,495,468
Balance (in shares) at Dec. 31, 2022     45,898,395