Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Mar. 31, 2019
Current assets
Cash and cash equivalents	$ 21,717,046	$ 30,838,684
Trade receivables, net and accrued revenues	1,657,026	1,384,118
Due from related parties	63,903,755	44,455,643
Inventories	2,137,553	2,111,637
Prepaid expenses and other current assets	3,458,927	3,798,987
Total current assets	92,874,307	82,589,069
Fixed assets
Vessels, net	1,463,827,783	1,478,520,314
Other fixed assets, net	249,506	160,283
Total fixed assets	1,464,077,289	1,478,680,597
Other non-current assets
Deferred charges, net	2,267,029	2,000,794
Derivative instruments	1,687,524	6,448,498
Due from related parties—non-current	20,900,000	19,800,000
Restricted cash - non-current	35,633,962	35,633,962
Other non-current assets	1,665,512	217,097
Total assets	1,619,105,623	1,625,370,017
Current liabilities
Trade accounts payable	8,114,372	7,212,580
Accrued expenses	3,478,456	3,436,116
Due to related parties	11,162	489,644
Deferred income	3,962,288	4,258,683
Current portion of long-term operating leases	309,813
Current portion of long-term debt	63,968,414	63,968,414
Total current liabilities	79,844,505	79,365,437
Long-term liabilities
Long-term debt—net of current portion and deferred financing fees	616,874,541	632,122,372
Derivative instruments	1,309,815
Other long-term liabilities	1,996,900	1,199,650
Total long-term liabilities	620,181,256	633,322,022
Total liabilities	700,025,761	712,687,459
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, 58,890,265 and 58,882,515 shares issued, 55,063,602 and 55,167,708 shares outstanding (net of treasury stock), as of June 30, 2019 and March 31, 2019, respectively	588,904	588,826
Additional paid-in-capital	864,889,441	863,583,692
Treasury stock, at cost; 3,826,663 and 3,714,807 shares as of June 30, 2019 and March 31, 2019, respectively	(37,468,143)	(36,484,561)
Retained earnings	91,069,660	84,994,601
Total shareholders' equity	919,079,862	912,682,558
Total liabilities and shareholders' equity	$ 1,619,105,623	$ 1,625,370,017