v3.26.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Total Pangaea Logistics Solutions Ltd. Equity
Common Stock
Additional Paid-in Capital
Retained Earnings
Non-Controlling Interest
Beginning Balance (in shares) at Dec. 31, 2024     64,961,433      
Beginning Balance at Dec. 31, 2024 $ 474,664 $ 427,822 $ 6 $ 258,660 $ 169,155 $ 46,843
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 2,081 2,081   2,081    
Issuance of restricted shares, net of forfeitures (in shares)     (618,586)      
Share repurchases (in shares)     (202,882)      
Share repurchases (1,007) (1,007)   (1,007)    
Distribution to Non-Controlling Interests (1,942)         (1,942)
Common stock dividend (9,845) (9,845)     (9,845)  
Consolidation of subsidiary 278 26     26 252
Net income (loss) (5,099) (4,723)     (4,723) (376)
Ending Balance (in shares) at Jun. 30, 2025     65,377,137      
Ending Balance at Jun. 30, 2025 459,130 414,353 $ 7 259,734 154,613 44,777
Beginning Balance (in shares) at Mar. 31, 2025     65,621,562      
Beginning Balance at Mar. 31, 2025 467,153 420,803 $ 7 260,192 160,605 46,350
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 549 549   549    
Issuance of restricted shares, net of forfeitures (in shares)     41,543      
Share repurchases (in shares)     (202,882)      
Share repurchases (1,007) (1,007) $ 0 (1,007)    
Distribution to Non-Controlling Interests (1,667)         (1,667)
Common stock dividend (3,276) (3,276)     (3,276)  
Consolidation of subsidiary   26     26  
Net income (loss) (2,900) (2,742)     (2,742) (158)
Ending Balance (in shares) at Jun. 30, 2025     65,377,137      
Ending Balance at Jun. 30, 2025 459,130 414,353 $ 7 259,734 154,613 44,777
Beginning Balance (in shares) at Dec. 31, 2025     64,973,988      
Beginning Balance at Dec. 31, 2025 474,736 429,333 $ 7 257,072 172,255 45,403
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 2,322 2,322   2,322    
Issuance of restricted shares, net of forfeitures (in shares)     (499,784)      
Issuance of restricted shares, net of forfeitures     $ 0 0    
Common stock dividend (3,253) (6,523)     (6,523) 0
Net income (loss) 24,146 23,496     23,496 650
Ending Balance (in shares) at Jun. 30, 2026     65,473,772      
Ending Balance at Jun. 30, 2026 494,682 448,629 $ 7 259,394 189,228 46,053
Beginning Balance (in shares) at Mar. 31, 2026     65,414,923      
Beginning Balance at Mar. 31, 2026 486,831 441,058 $ 7 258,771 182,280 45,773
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 622 622   622    
Issuance of restricted shares, net of forfeitures (in shares)     58,849      
Common stock dividend   (3,253)     (3,253)  
Net income (loss) 10,481 10,201     10,201 280
Ending Balance (in shares) at Jun. 30, 2026     65,473,772      
Ending Balance at Jun. 30, 2026 $ 494,682 $ 448,629 $ 7 $ 259,394 $ 189,228 $ 46,053