v3.26.3
Vessels, net (Tables)
 6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
Summary of Analysis of Vessels, Net
An analysis of vessels, net is as follows:
 
     Vessel Cost      Accumulated
depreciation		      Net book value  
Balance as of December 31, 2025
    $ 489,247,193      $ (153,840,412 )     $ 335,406,781  
  
 
 
     
 
 
     
 
 
  
Acquisitions and improvements
      35,408,000        —         35,408,000  
  
 
 
     
 
 
     
 
 
  
Depreciation for the period
      —         (16,125,505 )       (16,125,505 ) 
  
 
 
     
 
 
     
 
 
  
Balance as of June 30, 2026
    $ 524,655,193      $ (169,965,917 )     $ 354,689,276