$PANL
Pangaea Logistics Solutions Ltd. Stock $panl

$panl Overview Financials Valuation SEC Filings Company Website

2015 Q2 Form 10-Q Financial Statement

#000160690915000025 Filed on August 13, 2015

Income Statement

Concept	2015 Q2	2014 Q2
Revenue	$65.10M	$89.78M
YoY Change	-27.49%
Cost Of Revenue	$43.30M
YoY Change
Gross Profit	$21.80M
YoY Change
Gross Profit Margin	33.49%
Selling, General & Admin	$3.900M	$500.0K
YoY Change	680.0%
% of Gross Profit	17.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.270M
YoY Change
% of Gross Profit	15.0%
Operating Expenses	$58.11M	$86.42M
YoY Change	-32.76%
Operating Profit	$6.997M	$3.359M
YoY Change	108.27%
Interest Expense	$1.280M	$1.475M
YoY Change	-13.21%
% of Operating Profit	18.29%	43.9%
Other Income/Expense, Net	$60.94K	$74.23K
YoY Change	-17.91%
Pretax Income	$6.000M	-$500.0K
YoY Change	-1300.0%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%
Net Earnings	$5.461M	$1.230M
YoY Change	343.98%
Net Earnings / Revenue	8.39%	1.37%
Basic Earnings Per Share	$0.16	-$0.04
Diluted Earnings Per Share	$0.16	-$0.04
COMMON SHARES
Basic Shares Outstanding	34.70M shares	13.42M shares
Diluted Shares Outstanding	34.89M shares	13.42M shares

Balance Sheet

Concept	2015 Q2	2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.20M	$100.0K
YoY Change	34100.0%	0.0%
Cash & Equivalents	$34.20M	$21.50M
Short-Term Investments
Other Short-Term Assets	$194.2K	$0.00
YoY Change		-100.0%
Inventory	$12.61M
Prepaid Expenses	$1.336M
Receivables	$21.00M
Other Receivables	$0.00
Total Short-Term Assets	$77.64M	$100.0K
YoY Change	77538.88%	0.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$265.7M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$877.0K	$98.50M
YoY Change	-99.11%
Total Long-Term Assets	$282.0M	$98.50M
YoY Change	186.27%
TOTAL ASSETS
Total Short-Term Assets	$77.64M	$100.0K
Total Long-Term Assets	$282.0M	$98.50M
Total Assets	$359.6M	$98.60M
YoY Change	264.72%	98500.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$16.35M	$200.0K
YoY Change	8074.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$60.60M	$0.00
YoY Change		-100.0%
Long-Term Debt Due	$22.20M
YoY Change
Total Short-Term Liabilities	$126.3M	$200.0K
YoY Change	63061.68%	100.0%
LONG-TERM LIABILITIES
Long-Term Debt	$118.0M	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$118.0M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$126.3M	$200.0K
Total Long-Term Liabilities	$118.0M	$0.00
Total Liabilities	$249.8M	$200.0K
YoY Change	124800.0%	100.0%
SHAREHOLDERS EQUITY
Retained Earnings	-$24.48M
YoY Change
Common Stock	$3.556K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$109.8M	$98.40M
YoY Change
Total Liabilities & Shareholders Equity	$359.6M	$98.60M
YoY Change	264.72%	98500.0%

Cashflow Statement

Concept	2015 Q2	2014 Q2
OPERATING ACTIVITIES
Net Income	$5.461M	$1.230M
YoY Change	343.98%
Depreciation, Depletion And Amortization	$3.270M
YoY Change
Cash From Operating Activities	$1.630M	-$370.0K
YoY Change	-540.54%
INVESTING ACTIVITIES
Capital Expenditures	$10.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$330.0K	$40.00K
YoY Change	-925.0%
Cash From Investing Activities	-$320.0K	$40.00K
YoY Change	-900.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-9.740M	0.000
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities	1.630M	-370.0K
Cash From Investing Activities	-320.0K	40.00K
Cash From Financing Activities	-9.740M	0.000
Net Change In Cash	-8.430M	-330.0K
YoY Change	2454.55%	-512.5%
FREE CASH FLOW
Cash From Operating Activities	$1.630M	-$370.0K
Capital Expenditures	$10.00K
Free Cash Flow	$1.620M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2015-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001606909
CY2015Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	35484993	shares
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Registrant Name EntityRegistrantName	Pangaea Logistics Solutions Ltd.
CY2014Q4	panl	Accounts Payable Accrued Expenses And Other Current Liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities	40201794	USD
CY2015Q2	panl	Accounts Payable Accrued Expenses And Other Current Liabilities AccountsPayableAccruedExpensesAndOtherCurrentLiabilities	24918504	USD
CY2014Q4	panl	Accrued Voyage Expenses AccruedVoyageExpenses	4651503	USD
CY2015Q2	panl	Accrued Voyage Expenses AccruedVoyageExpenses	6762532	USD
CY2014Q4	panl	Advance Hire Current AdvanceHireCurrent	4345959	USD
CY2015Q2	panl	Advance Hire Current AdvanceHireCurrent	3851954	USD
	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	469767	USD
	panl	Amortization Of Deferred Financing Costs And Bank Fees AmortizationOfDeferredFinancingCostsAndBankFees	404968	USD
	panl	Amortization Of Discount And Imputed Interest On Related Party Long Term Debt AmortizationOfDiscountAndImputedInterestOnRelatedPartyLongTermDebt	322947	USD
	panl	Amortization Of Discount And Imputed Interest On Related Party Long Term Debt AmortizationOfDiscountAndImputedInterestOnRelatedPartyLongTermDebt	0	USD
	panl	Amortization Of Discount On Related Party Longterm Debt AmortizationOfDiscountOnRelatedPartyLongtermDebt	322947	USD
	panl	Amortization Of Discount On Related Party Longterm Debt AmortizationOfDiscountOnRelatedPartyLongtermDebt	0	USD
CY2014Q2	panl	Charter Hire Expense CharterHireExpense	33984808	USD
	panl	Charter Hire Expense CharterHireExpense	77955869	USD
CY2015Q2	panl	Charter Hire Expense CharterHireExpense	15195199	USD
	panl	Charter Hire Expense CharterHireExpense	39854594	USD
CY2014Q2	panl	Charter Revenue CharterRevenue	9858151	USD
	panl	Charter Revenue CharterRevenue	32511500	USD
CY2015Q2	panl	Charter Revenue CharterRevenue	4199976	USD
	panl	Charter Revenue CharterRevenue	8736822	USD
CY2015Q2	panl	Debt Instrument Cash Collateral Posted DebtInstrumentCashCollateralPosted	300000	USD
	panl	Debt Instrument Minimum Value Clause Percentof Outstanding Indebtedness DebtInstrumentMinimumValueClausePercentofOutstandingIndebtedness	1
	panl	Debt Instrument Numberof Tranches DebtInstrumentNumberofTranches	6	tranche
CY2015Q2	panl	Drybulkvessels Drybulkvessels	14
CY2014Q2	panl	Imputed Interest On Related Party Long Term Debt ImputedInterestOnRelatedPartyLongTermDebt	0	USD
	panl	Imputed Interest On Related Party Long Term Debt ImputedInterestOnRelatedPartyLongTermDebt	322947	USD
CY2015Q2	panl	Imputed Interest On Related Party Long Term Debt ImputedInterestOnRelatedPartyLongTermDebt	0	USD
	panl	Imputed Interest On Related Party Long Term Debt ImputedInterestOnRelatedPartyLongTermDebt	0	USD
	panl	Increase Decrease In Account Payable Accrued Expenses And Other Current Liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities	-13346491	USD
	panl	Increase Decrease In Account Payable Accrued Expenses And Other Current Liabilities IncreaseDecreaseInAccountPayableAccruedExpensesAndOtherCurrentLiabilities	-14144360	USD
	panl	Modificationof Shareholder Loantoon Demand ModificationofShareholderLoantoonDemand	16433108	USD
	panl	Modificationof Shareholder Loantoon Demand ModificationofShareholderLoantoonDemand	0	USD
CY2015Q2	panl	Number Of Vessels NumberOfVessels	14	vessel
	panl	Payment For Drydocking Costs PaymentForDrydockingCosts	287416	USD
	panl	Payment For Drydocking Costs PaymentForDrydockingCosts	0	USD
	panl	Payment For Purchase Of Vessels PaymentForPurchaseOfVessels	15051116	USD
	panl	Payment For Purchase Of Vessels PaymentForPurchaseOfVessels	44770740	USD
	panl	Proceeds From Sale Of Vessels ProceedsFromSaleOfVessels	12400609	USD
	panl	Proceeds From Sale Of Vessels ProceedsFromSaleOfVessels	4523804	USD
CY2014Q2	panl	Technical Management Fees TechnicalManagementFees	615000	USD
CY2015Q2	panl	Technical Management Fees TechnicalManagementFees	655000	USD
CY2014Q2	panl	Vessel Operating Expense VesselOperatingExpense	7732252	USD
	panl	Vessel Operating Expense VesselOperatingExpense	14651749	USD
CY2015Q2	panl	Vessel Operating Expense VesselOperatingExpense	7116502	USD
	panl	Vessel Operating Expense VesselOperatingExpense	14901830	USD
CY2014Q4	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	209213671	USD
CY2015Q2	panl	Vessels And Vessel Improvements Property Plant And Equipment Net VesselsAndVesselImprovementsPropertyPlantAndEquipmentNet	266280506	USD
CY2014Q2	panl	Voyage Expense VoyageExpense	41891955	USD
	panl	Voyage Expense VoyageExpense	90026561	USD
CY2015Q2	panl	Voyage Expense VoyageExpense	28129297	USD
	panl	Voyage Expense VoyageExpense	73453416	USD
CY2014Q2	panl	Voyage Revenue VoyageRevenue	79921090	USD
	panl	Voyage Revenue VoyageRevenue	171480619	USD
CY2015Q2	panl	Voyage Revenue VoyageRevenue	60902796	USD
	panl	Voyage Revenue VoyageRevenue	151481738	USD
	panl	Write Off Of Unamortized Financing Costs WriteOffOfUnamortizedFinancingCosts	241522	USD
	panl	Write Off Of Unamortized Financing Costs WriteOffOfUnamortizedFinancingCosts	25557	USD
CY2014Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	40201794	USD
CY2015Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	24918504	USD
CY2014Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	33538153	USD
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	16348655	USD
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	27362216	USD
CY2015Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	21004625	USD
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	133955445	USD
CY2015Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	134261190	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4029669	USD
CY2015Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4542781	USD
CY2014Q4	us-gaap	Assets Assets	332463265	USD
CY2015Q2	us-gaap	Assets Assets	359611203	USD
CY2014Q4	us-gaap	Assets Current AssetsCurrent	84873420	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	77638875	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21502156	USD
CY2014Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	4523804	USD
CY2015Q2	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	3486254	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18927927	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	29817507	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34154575	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2574229	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	4337068	USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2015Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	USD
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34756980	shares
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34756980	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34756980	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34756980	shares
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	3476	USD
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	3556	USD
CY2014Q2	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	2744576	USD
	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	5296201	USD
CY2015Q2	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	3271238	USD
	us-gaap	Cost Of Services Depreciation And Amortization CostOfServicesDepreciationAndAmortization	6261832	USD
CY2014Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	11748926	USD
CY2015Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	5857640	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5296201	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6261832	USD
CY2014Q4	us-gaap	Derivative Number Of Instruments Held DerivativeNumberOfInstrumentsHeld	1
CY2015Q2	us-gaap	Derivative Number Of Instruments Held DerivativeNumberOfInstrumentsHeld	1	swap
CY2014Q4	us-gaap	Development In Process DevelopmentInProcess	38471430	USD
CY2015Q2	us-gaap	Development In Process DevelopmentInProcess	15381477	USD
	us-gaap	Dividends Dividends	3564554	USD
	us-gaap	Dividends Dividends	0	USD
CY2014Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	12824825	USD
CY2015Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	12724825	USD
CY2014Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1782277	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3564554	USD
CY2015Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	0	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	0	USD
CY2014Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	59102077	USD
CY2015Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	60618225	USD
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.37
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.04
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2015Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.37
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3916119	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8234811	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	61357	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-18077202	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-5844479	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-9389418	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-5891286	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	757527	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2990288	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1158809	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1821996	USD
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.15
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.37
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	2286232	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-566756	USD
CY2014Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2286232	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	2286232	USD
CY2015Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-477888	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-566756	USD
CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2352591	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4928876	USD
CY2014Q2	us-gaap	Interest Expense InterestExpense	1474773	USD
	us-gaap	Interest Expense InterestExpense	2990652	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	1279933	USD
	us-gaap	Interest Expense InterestExpense	2690704	USD
CY2014Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	20234	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	62362	USD
CY2015Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	110763	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	225729	USD
	us-gaap	Interest Paid InterestPaid	2434973	USD
	us-gaap	Interest Paid InterestPaid	2407348	USD
CY2014Q4	us-gaap	Interest Payable Current InterestPayableCurrent	540862	USD
CY2015Q2	us-gaap	Interest Payable Current InterestPayableCurrent	1220073	USD
CY2014Q4	us-gaap	Inventory Net InventoryNet	15601659	USD
CY2015Q2	us-gaap	Inventory Net InventoryNet	12611371	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	332463265	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	359611203	USD
CY2014Q4	us-gaap	Liabilities Current LiabilitiesCurrent	144685296	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	126323366	USD
CY2014Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	3000000	USD
CY2015Q2	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	0	USD
CY2015Q2	us-gaap	Long Term Debt LongTermDebt	141411883	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	43996164	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	10678753	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	12838205	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	33266539	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	18428050	USD
CY2015Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	22204172	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	2531359	USD
CY2015Q2	us-gaap	Minority Interest MinorityInterest	5459240	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	32161158	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-546325	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-6629130	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-40634872	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	9749684	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	12810782	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	1229925	USD
	us-gaap	Net Income Loss NetIncomeLoss	7823210	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	5460637	USD
	us-gaap	Net Income Loss NetIncomeLoss	13060566	USD
CY2014Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-491748	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	572259	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	569227	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2298957	USD
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-552352	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2014567	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5460637	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13060566	USD
CY2014Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	74227	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-75773	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	60935	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	144084	USD
CY2014Q2	us-gaap	Operating Expenses OperatingExpenses	86419950	USD
	us-gaap	Operating Expenses OperatingExpenses	190573024	USD
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	58106243	USD
	us-gaap	Operating Expenses OperatingExpenses	143273239	USD
CY2014Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	3359291	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	13419095	USD
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	6996529	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	16945321	USD
CY2014Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1471276	USD
CY2015Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	587244	USD
CY2014Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1794386	USD
CY2015Q2	us-gaap	Other Assets Current OtherAssetsCurrent	194219	USD
CY2014Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1450802	USD
CY2015Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	876964	USD
CY2014Q4	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	17807674	USD
CY2015Q2	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	22204172	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2621114	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-5023626	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-966665	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1585798	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	137579	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	729866	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	100000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	100000	USD
	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	0	USD
	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	250000	USD
CY2015Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6568234	USD
CY2015Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	5382050	USD
CY2014Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	427889	USD
CY2015Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1335877	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	13000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	45000000	USD
	us-gaap	Payments To Acquire Buildings PaymentsToAcquireBuildings	3462453	USD
	us-gaap	Payments To Acquire Buildings PaymentsToAcquireBuildings	85000	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	228754	USD
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	52936	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	521920	USD
CY2014Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2244089	USD
CY2015Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2015Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	2375000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	2506667	USD
CY2014Q2	us-gaap	Profit Loss ProfitLoss	738177	USD
	us-gaap	Profit Loss ProfitLoss	8395469	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	6029864	USD
	us-gaap	Profit Loss ProfitLoss	15359523	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	207667613	USD
CY2015Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	265713887	USD
CY2014Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	2977746	USD
CY2015Q2	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	2919635	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-4457	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	513112	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	3000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	15520818	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	9777473	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	162928	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	1216250	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	1000000	USD
CY2015Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	1000000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-36142727	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-24483234	USD
CY2014Q2	us-gaap	Revenues Revenues	89779241	USD
	us-gaap	Revenues Revenues	203992119	USD
CY2014Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1200334	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1571892	USD
CY2014Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	951265	USD
CY2015Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	1160626	USD
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	-1571892	USD
	us-gaap	Unrealized Gain Loss On Cash Flow Hedging Instruments UnrealizedGainLossOnCashFlowHedgingInstruments	1186551	USD
CY2015Q2	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	363096	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1186551	USD
CY2015Q2	us-gaap	Revenues Revenues	65102772	USD
	us-gaap	Revenues Revenues	160218560	USD
CY2014Q4	us-gaap	Secured Debt SecuredDebt	106189355	USD
CY2015Q2	us-gaap	Secured Debt SecuredDebt	141411883	USD
CY2014Q4	us-gaap	Secured Debt Current SecuredDebtCurrent	17807674	USD
CY2015Q2	us-gaap	Secured Debt Current SecuredDebtCurrent	22204172	USD
CY2014Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	87430416	USD
CY2015Q2	us-gaap	Secured Long Term Debt SecuredLongTermDebt	118047085	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	305825	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	97816194	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	109781512	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	100347553	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	115240752	USD
CY2014Q4	us-gaap	Time Deposits TimeDeposits	29786000	USD
CY2015Q2	us-gaap	Time Deposits TimeDeposits	6520000	USD
CY2014Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	13421955	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	13421955	shares
CY2015Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	35240373	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	35000012	shares
	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated balance sheets as of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;">, the consolidated statements of income for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> and cash flows for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> are unaudited. The unaudited interim consolidated financial statements have been prepared on the same basis as the annual consolidated financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s financial position and results of operations and cash flows for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">. The financial data and the other information disclosed in these notes to the consolidated financial statements related to these </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> month periods are unaudited. Certain information and disclosures included in the annual consolidated financial statements have been omitted for the interim periods disclosed pursuant to the rules and regulations of the SEC. The results of the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results to be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;"> or for any other interim period or other future year.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> The preparation of consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The significant estimates and assumptions of the Company are the estimated salvage value used in determining depreciation expense, the allowances for doubtful accounts and the discount on interest free loans.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Advance hire, prepaid expenses and other current assets were comprised of the following: </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="72%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">June 30, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(unaudited)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Advance hire</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,851,954</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,345,959</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prepaid expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,335,877</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">427,889</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other current assets</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">194,219</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,794,386</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,382,050</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,568,234</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable, accrued expenses and other current liabilities were comprised of the following:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="72%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="11%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">June 30, 2015</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(unaudited)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,348,655</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">33,538,153</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued voyage expenses</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">6,762,532</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,651,503</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accrued interest</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,220,073</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">540,862</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other accrued liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">587,244</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,471,276</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">24,918,504</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">40,201,794</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

Files In Submission

Name	View Source	Status
0001606909-15-000025-index-headers.html	Edgar Link	pending
0001606909-15-000025-index.html	Edgar Link	pending
0001606909-15-000025.txt	Edgar Link	pending
0001606909-15-000025-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
pangaealogisticssolutionsl.htm	Edgar Link	pending
panl-20150630.xml	Edgar Link	completed
panl-20150630.xsd	Edgar Link	pending
panl-20150630_cal.xml	Edgar Link	unprocessable
panl-20150630_def.xml	Edgar Link	unprocessable
panl-20150630_lab.xml	Edgar Link	unprocessable
panl-20150630_pre.xml	Edgar Link	unprocessable
panl-6302015x10q.htm	Edgar Link	pending
panl-6302015xex311.htm	Edgar Link	pending
panl-6302015xex312.htm	Edgar Link	pending
panl-6302015xex321.htm	Edgar Link	pending
panl-6302015xex322.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PANL
Pangaea Logistics Solutions Ltd. Stock $panl

2015 Q2 Form 10-Q Financial Statement

#000160690915000025 Filed on August 13, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PANL Pangaea Logistics Solutions Ltd. Stock $panl

2015 Q2 Form 10-Q Financial Statement

#000160690915000025 Filed on August 13, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PANL
Pangaea Logistics Solutions Ltd. Stock $panl