Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Mar. 31, 2015
Current assets
Cash and cash equivalents	$ 22,034,919	$ 204,821,183
Trade receivables, net and accrued revenues	12,542,013	22,847,224
Prepaid expenses and other receivables	4,033,795	1,780,548
Due from related parties	57,519,736	386,743
Inventories	2,123,758	3,375,759
Total current assets	98,254,221	233,211,457
Fixed assets
Vessels, net	1,604,987,643	419,976,053
Vessels under construction	26,523,881	398,175,504
Other fixed assets, net	641,880	464,889
Total fixed assets	1,632,153,404	818,616,446
Other non-current assets
Other non-current assets	97,454	97,446
Deferred charges, net	24,424,739	13,965,921
Derivative instruments	1,869,068
Due from related parties—non-current	16,500,000
Restricted cash	49,712,789	33,210,000
Total assets	1,823,011,675	1,099,101,270
Current liabilities
Trade accounts payable	9,259,449	5,224,349
Accrued expenses	7,791,482	5,647,702
Due to related parties	557,297	525,170
Deferred income	4,704,350	1,122,239
Current portion of long-term debt	65,708,060	15,677,553
Total current liabilities	88,020,638	28,197,013
Long-term liabilities
Long-term debt-net of current portion	748,344,288	184,665,874
Derivative instruments	10,934,205	12,730,462
Other long-term liabilities	357,308	293,662
Total long-term liabilities	759,635,801	197,689,998
Total liabilities	$ 847,656,439	$ 225,887,011
Shareholders' equity
Preferred stock, $.01 par value, 50,000,000 shares authorized, none issued nor outstanding
Common stock, $0.01 par value, 450,000,000 shares authorized, 58,057,493 and 58,057,493 shares issued, 57,225,162 and 58,057,493 shares outstanding (net of treasury stock), as of December 31, 2015 and March 31, 2015, respectively	$ 580,575	$ 580,575
Additional paid-in-capital	847,223,211	844,539,059
Treasury stock, at cost; 832,331 and zero shares as of December 31, 2015 and March 31, 2015, respectively	(10,070,645)
Retained earnings	137,622,095	28,094,625
Total shareholders' equity	975,355,236	873,214,259
Total liabilities and shareholders' equity	$ 1,823,011,675	$ 1,099,101,270