Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2018	Mar. 31, 2018
Current assets
Cash and cash equivalents	$ 65,291,784	$ 103,505,676
Trade receivables, net and accrued revenues	10,537	336,162
Prepaid expenses and other receivables	2,779,262	2,471,415
Due from related parties	32,807,418	26,880,720
Inventories	2,832,194	2,012,907
Total current assets	103,721,195	135,206,880
Fixed assets
Vessels, net	1,523,143,231	1,539,111,833
Other fixed assets, net	167,933	203,678
Total fixed assets	1,523,311,164	1,539,315,511
Other non-current assets
Deferred charges, net	1,526,980	1,574,522
Derivative instruments	15,972,515	14,264,899
Due from related parties—non-current	20,900,000	19,800,000
Restricted cash - non-current	35,636,500	25,862,704
Other non-current assets	80,349	85,640
Total assets	1,701,148,703	1,736,110,156
Current liabilities
Trade accounts payable	8,137,340	6,329,193
Accrued expenses	5,832,861	4,702,808
Due to related parties	29,712	345,515
Deferred income	5,007,120	5,564,557
Current portion of long-term debt	63,968,414	65,067,569
Total current liabilities	82,975,447	82,009,642
Long-term liabilities
Long-term debt—net of current portion and deferred financing fees	677,684,689	694,035,583
Other long-term liabilities	1,172,243	651,569
Total long-term liabilities	678,856,932	694,687,152
Total liabilities	761,832,379	776,696,794
Commitments and contingencies
Shareholders' equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued nor outstanding
Common stock, $0.01 par value, 450,000,000 shares authorized, 58,849,713 and 58,640,161 shares issued, 55,157,193 and 55,090,165 shares outstanding (net of treasury stock), as of June 30, 2018 and March 31, 2018, respectively	588,497	586,402
Additional paid-in-capital	859,740,325	858,109,882
Treasury stock, at cost; 3,692,520 and 3,549,996 shares as of June 30, 2018 and March 31, 2018, respectively	(36,356,446)	(35,223,428)
Retained earnings	115,343,948	135,940,506
Total shareholders' equity	939,316,324	959,413,362
Total liabilities and shareholders' equity	$ 1,701,148,703	$ 1,736,110,156