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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Mar. 31, 2015
Current assets    
Cash and cash equivalents $ 80,344,476 $ 204,821,183
Trade receivables, net and accrued revenues 11,662,819 22,847,224
Prepaid expenses and other receivables 2,244,245 1,780,548
Due from related parties 40,984,692 386,743
Inventories 3,238,832 3,375,759
Total current assets 138,475,064 233,211,457
Fixed assets    
Vessels, net 1,051,578,941 419,976,053
Vessels under construction 234,665,268 398,175,504
Other fixed assets, net 568,749 464,889
Total fixed assets 1,286,812,958 818,616,446
Other non-current assets    
Other non-current assets 97,455 97,446
Deferred charges, net 20,643,683 13,965,921
Restricted cash 42,012,789 33,210,000
Total assets 1,488,041,949 1,099,101,270
Current liabilities    
Trade accounts payable 8,025,172 5,224,349
Accrued expenses 6,946,187 5,647,702
Due to related parties 535,101 525,170
Deferred income 1,917,239 1,122,239
Current portion of long-term debt 42,360,541 15,677,553
Total current liabilities 59,784,240 28,197,013
Long-term liabilities    
Long-term debt-net of current portion 485,927,672 184,665,874
Derivative instruments 16,455,007 12,730,462
Other long-term liabilities 348,198 293,662
Total long-term liabilities 502,730,877 197,689,998
Total liabilities $ 562,515,117 $ 225,887,011
Shareholders' equity    
Preferred stock, $.01 par value, 50,000,000 shares authorized, none issued nor outstanding
Common stock, $.01 par value, 450,000,000 shares authorized; 58,057,493 and 58,057,493 shares issued, 57,705,393 and 58,057,493 shares outstanding (net of treasury stock), as of September 30, 2015 and March 31, 2015, respectively $ 580,575 $ 580,575
Additional paid-in-capital 846,301,047 $ 844,539,059
Treasury stock, at cost; 352,100 and zero shares as of September 30, 2015 and March 31, 2015, respectively (4,315,562)
Retained earnings 82,960,772 $ 28,094,625
Total shareholders' equity 925,526,832 873,214,259
Total liabilities and shareholders' equity $ 1,488,041,949 $ 1,099,101,270