Accrued Expenses (Tables)

12 Months Ended

Mar. 31, 2017

Accrued Expenses

Schedule of accrued expenses

	March 31, 2017		March 31, 2016
Accrued voyage and vessel operating expenses	$	2,029,598	$	1,644,557
Accrued professional services		1,470,298		1,676,880
Accrued loan and swap interest		999,733		1,664,002
Accrued employee-related costs		786,467		4,231,542
Accrued board of directors' stock-based compensation and fees		88,750		492,652
Other		11,551		11,844
Total	$	5,386,397	$	9,721,477