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Interest and Finance Costs
12 Months Ended
Mar. 31, 2015
Interest and Finance Costs  
Interest and Finance Costs

17. Interest and Finance Costs

 

Interest and finance costs is comprised of the following:

 

 

 

Year ended March 31, 2015

 

July 1, 2013 (inception) to March 31, 2014

 

Interest incurred

 

$

2,657,943

 

$

1,666,159

 

Amortization of financing costs

 

830,899

 

800,806

 

Other financing costs

 

301,868

 

84,251

 

Capitalized interest

 

(3,501,620

)

(972,010

)

Total

 

$

289,090

 

$

1,579,206