Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Revenues.
Net pool revenues—related party	$ 66,044,777		$ 130,701,023
Voyage charter revenues	15,567,844	$ 25,516,971	46,013,858	$ 47,444,311
Time charter revenues	11,237,746	6,965,705	26,169,581	20,713,290
Other revenues	433,341	101,314	988,138	638,440
Total revenues	93,283,708	32,583,990	203,872,600	68,796,041
Expenses
Voyage expenses	4,347,222	7,755,589	11,411,841	14,899,147
Vessel operating expenses	14,265,183	5,741,206	30,479,158	14,412,174
Management fees-related party				1,125,000
Depreciation and amortization	13,536,900	3,966,640	26,697,882	9,467,720
General and administrative expenses	7,506,740	4,294,965	20,002,555	9,389,689
Loss on disposal of assets			105,549
Total expenses	39,656,045	21,758,400	88,696,985	49,293,730
Other income—related party	383,642		1,150,927
Operating income	54,011,305	10,825,590	116,326,542	19,502,311
Other income/(expenses)
Interest and finance costs	(4,633,454)	(34,491)	(5,700,583)	(250,483)
Interest income	22,382	104,169	137,226	345,797
Gain/(loss) on derivatives, net	5,382,442	(1,340,747)	(816,926)	(2,386,582)
Foreign currency (loss)/gain, net	(121,352)	(557,916)	(418,789)	(778,512)
Total other expenses, net	650,018	(1,828,985)	(6,799,072)	(3,069,780)
Net income	$ 54,661,323	$ 8,996,605	$ 109,527,470	$ 16,432,531
Earnings per common share – basic (in dollars per share)	$ 0.97	$ 0.16	$ 1.92	$ 0.29
Earnings per common share – diluted (in dollars per share)	$ 0.97	$ 0.16	$ 1.92	$ 0.29