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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenues.    
Revenues $ 27,644,282 $ 41,025,472
Expenses    
Voyage expenses 100,173 239,445
Vessel operating expenses 16,685,457 16,885,289
Depreciation and amortization 16,265,056 16,293,158
General and administrative expenses 8,403,286 8,534,909
Total expenses 41,453,972 41,952,801
Other income—related parties 644,517 633,883
Operating loss (13,165,173) (293,446)
Other income/(expenses)    
Interest and finance costs (10,374,281) (7,477,734)
Interest income 460,973 15,816
Unrealized gain/(loss) on derivatives 1,707,616 (2,370,191)
Realized gain/(loss) on derivatives 782,565 (612,863)
Gain on early extinguishment of debt   4,117,364
Foreign currency loss, net (8,258) (68,916)
Total other income/(expenses), net (7,431,385) (6,396,524)
Net loss $ (20,596,558) $ (6,689,970)
Weighted average shares outstanding basic and diluted (in shares) 54,237,237 53,875,292
Loss per common share—basic and diluted (in dollars per share) $ (0.38) $ (0.12)
Net pool revenue - related party    
Revenues.    
Revenues $ 16,106,401 $ 28,475,359
Time charter revenue    
Revenues.    
Revenues 11,467,881 12,564,655
Other revenue, net    
Revenues.    
Revenues $ 70,000 $ (14,542)