Interest and Finance Costs

12 Months Ended

Mar. 31, 2016

Interest and Finance Costs

Interest and Finance Costs

17. Interest and Finance Costs

Interest and finance costs is comprised of the following:

	Year ended		Year ended		July 1, 2013 (inception)
	March 31, 2016		March 31, 2015		to March 31, 2014
Interest incurred	$	14,350,900	$	2,657,943	$	1,666,159
Amortization of financing costs		2,499,185		830,899		800,806
Other financing costs		715,942		301,868		84,251
Capitalized interest		(4,809,014)		(3,501,620)		(972,010)
Total	$	12,757,013	$	289,090	$	1,579,206