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Advances for Vessels Under Construction and Acquisitions (Tables)
 12 Months Ended
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