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Deferred Charges, Net (Tables)
12 Months Ended
Mar. 31, 2015
Deferred Charges, Net.  
Schedule of movement of deferred charges

 

 

 

Financing
costs

 

Drydocking
costs

 

Equity
offering costs

 

Total deferred
charges, net

 

On inception , July 1, 2013

 

 

 

 

 

Additions

 

1,516,847

 

600,394

 

1,304,343

 

3,421,584

 

Amortization

 

(800,807

)

(65,103

)

 

(865,910

)

Balance, March 31, 2014

 

716,040

 

535,291

 

1,304,343

 

2,555,674

 

Additions           

 

13,411,075

 

323,623

 

760,680

 

14,495,378

 

Amortization

 

(830,899

)

(189,209

)

 

(1,020,108

)

Transferred to APIC

 

 

 

(2,065,023

)

(2,065,023

)

Balance, March 31, 2015 

 

13,296,216

 

669,705

 

 

13,965,921