Deferred Charges, Net (Tables)

9 Months Ended

Dec. 31, 2015

Deferred Charges, Net.

Schedule of movement of deferred charges

	Financing		Drydocking		Total deferred
	costs		costs		charges, net
Balance, April 1, 2015	$	13,296,216	$	669,705	$	13,965,921
Additions		12,200,552		—		12,200,552
Amortization		(1,553,730)		(188,004)		(1,741,734)
Balance, December 31, 2015	$	23,943,038	$	481,701	$	24,424,739