Long-Term Debt (Tables)

3 Months Ended

Jun. 30, 2018

Long-Term Debt

Schedule of loans outstanding

	June 30, 2018		March 31, 2018
2015 Debt Facility
Commercial Financing	$	184,913,825	$	187,989,229
KEXIM Direct Financing		137,218,158		141,004,162
KEXIM Guaranteed		141,602,690		145,348,064
K-sure Insured		70,411,604		72,313,416
Total 2015 Debt Facility	$	534,146,277	$	546,654,871
Japanese Financings
Corsair Japanese Financing	$	49,833,333	$	50,645,833
Concorde Japanese Financing		54,384,615		55,192,308
Corvette Japanese Financing		54,923,077		55,730,769
CJNP Japanese Financing		21,591,875		—
CMNL Japanese Financing		20,473,363		—
CNML Japanese Financing		22,720,387		—
Total Japanese Financings	$	223,926,650	$	161,568,910
2017 Bridge Loan	$	—	$	66,940,405
Total debt obligations	$	758,072,927	$	775,164,186
Less: deferred financing fees		16,419,824		16,061,034
Debt obligations—net of deferred financing fees	$	741,653,103	$	759,103,152
Presented as follows:
Current portion of long-term debt	$	63,968,414	$	65,067,569
Long-term debt—net of current portion and deferred financing fees		677,684,689		694,035,583
Total	$	741,653,103	$	759,103,152

Schedule of deferred financing fees

	Financing
	costs
Balance, April 1, 2018	$	16,061,034
Additions		1,152,002
Amortization		(793,212)
Balance, June 30, 2018	$	16,419,824