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Advances for Vessels Under Construction and Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2019
Property, Plant and Equipment [Abstract] |
Summary of Advances for vessels under construction and acquisitions | For the years ended December 31, 2018 and 2019, the movement of the account, advances for vessels under construction and acquisitions was as follows:
Balance, December 31, 2017 |  |  | 61,577,818 |
Advances for vessels under construction and acquisitions |  |  | 102,597,821 |
Capitalized expenses |  |  | 5,155,821 |
Vessels delivered |  |  | (169,331,460 | )
Balance, December 31, 2018 |  |  | — |
Advance for vessel under construction |  |  | 2,891,283 |
Capitalized interest |  |  | 97,620 |
Balance, December 31, 2019 |  |  | 2,988,903 |

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