v3.26.1
Consolidated Statements of Income - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Revenue $ 170,580,000 $ 122,802,000
Expenses:    
Voyage expense 73,739,000 60,307,000
Charter hire expense 39,177,000 17,641,000
Vessel operating expense 20,562,000 22,178,000
Terminal & stevedore expenses 4,375,000 2,551,000
General and administrative 10,027,000 7,274,000
Depreciation and amortization 11,876,000 9,923,000
Loss on vessel held for sale 358,000 0
Total expenses 160,114,000 119,875,000
Income from operations 10,466,000 2,926,000
Other income (expense):    
Interest income 2,053,000 444,000
Unrealized gain on derivative instruments, net 6,606,000 184,000
Other income 484,000 393,000
Total other income (expense), net 3,199,000 (5,125,000)
Net income (loss) 13,665,000 (2,199,000)
(Income) loss attributable to non-controlling interests (371,000) 218,000
Net income (loss) attributable to Pangaea Logistics Solutions Ltd. $ 13,294,000 $ (1,981,000)
Net income (loss) per common share    
Basic (in dollars per share) $ 0.21 $ (0.03)
Diluted (in dollars per share) $ 0.21 $ (0.03)
Weighted average shares used to compute earnings per common share:    
Basic (in shares) 64,193,205 63,851,090
Diluted (in shares) 64,775,563 63,851,090
Nonrelated Party    
Other income (expense):    
Interest Revenue (Expense), Net $ (5,944,000) $ (6,146,000)
Voyage revenue    
Revenues:    
Revenue 152,000,000 109,660,000
Charter revenue    
Revenues:    
Revenue 12,442,000 9,993,000
Port terminal & stevedore revenue    
Revenues:    
Revenue $ 6,139,000 $ 3,149,000