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Financial Instruments and Fair Value Disclosures (Details 2) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Effect of derivative instruments on the consolidated statements of operations        
Change in fair value     $ (3,724,545) $ 1,657,052
Loss on derivatives-net $ (6,341,763) $ 342,309 (6,199,368) (1,045,835)
Interest rate swaps | Derivatives not designated as hedging instruments | Gain/(loss) on derivatives        
Effect of derivative instruments on the consolidated statements of operations        
Change in fair value (5,111,430) 1,690,606 (3,724,544) 1,657,052
Realized loss (1,230,333) (1,348,297) (2,474,824) (2,702,887)
Loss on derivatives-net $ (6,341,763) $ 342,309 $ (6,199,368) $ (1,045,835)