Vessels Under Construction (Tables)

12 Months Ended

Mar. 31, 2017

Vessels Under Construction.

Schedule of vessels under construction

Balance, April 1, 2015	$	398,175,504
Installment payments to shipyards		867,187,966
Other capitalized expenditures		22,699,783
Capitalized interest		4,809,014
Vessels delivered (transferred to Vessels)		(1,292,872,267)
Balance, March 31, 2016		—
Balance, March 31, 2017	$	—