Accrued Expenses

12 Months Ended

Mar. 31, 2016

Accrued Expenses

Accrued Expenses

10. Accrued Expenses

Accrued expenses comprised of the following:

	March 31, 2016		March 31, 2015
Accrued employee-related costs	$	4,231,542	$	546,095
Accrued professional services		1,676,880		1,282,639
Accrued loan and swap interest		1,664,002		1,619,897
Accrued voyage and vessel operating expenses		1,644,557		1,406,023
Accrued board of directors' stock-based compensation and fees		492,652		—
Other		11,844		88,048
Accrued financing costs		—		705,000
Total	$	9,721,477	$	5,647,702