Financial Instruments and Fair Value Disclosures (Tables)

3 Months Ended

Jun. 30, 2017

Financial Instruments and Fair Value Disclosures

Schedule of financial derivatives

		June 30, 2017				March 31, 2017
	Other non-current assets		Long-term liabilities		Other non-current assets		Long-term liabilities
Derivatives not designated as hedging instruments	Derivative instruments		Derivative instruments		Derivative instruments		Derivative instruments
Interest rate swap agreements	$	3,883,944	$	410,767	$	5,843,368	$	—

Schedule of effect of derivative instruments on the consolidated statement of operations

		Three months ended
Derivatives not designated as hedging instruments	Location of gain/(loss) recognized	June 30, 2017		June 30, 2016
Interest Rate Swap—Change in fair value	Unrealized loss on derivatives	$	(2,370,191)	$	(4,369,859)
Interest Rate Swap—Realized loss	Realized loss on derivatives		(612,863)		(2,256,788)
Gain/(loss) on derivatives, net		$	(2,983,054)	$	(6,626,647)