Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Current assets
Cash and cash equivalents	$ 46,419,951	$ 30,838,684
Restricted cash	1,215,000
Trade receivables, net and accrued revenues	1,254,285	1,384,118
Due from related parties	67,976,602	44,455,643
Inventories	2,321,971	2,111,637
Derivative instruments	720,000
Prepaid expenses and other current assets	4,563,079	3,798,987
Total current assets	124,470,888	82,589,069
Fixed assets
Vessels, net	1,453,476,869	1,478,520,314
Other fixed assets, net	270,952	160,283
Total fixed assets	1,453,747,821	1,478,680,597
Other non-current assets
Deferred charges, net	3,687,636	2,000,794
Derivative instruments	1,199,184	6,448,498
Due from related parties—non-current	20,900,000	19,800,000
Restricted cash - non-current	36,033,743	35,633,962
Other non-current assets	2,171,701	217,097
Total assets	1,642,210,973	1,625,370,017
Current liabilities
Trade accounts payable	10,227,170	7,212,580
Accrued expenses	4,497,239	3,436,116
Due to related parties	37,818	489,644
Deferred income	2,897,204	4,258,683
Current portion of long-term operating leases	384,846
Current portion of long-term debt	63,968,414	63,968,414
Total current liabilities	82,012,691	79,365,437
Long-term liabilities
Long-term debt—net of current portion and deferred financing fees	601,577,085	632,122,372
Derivative instruments	2,208,585
Other long-term liabilities	2,040,668	1,199,650
Total long-term liabilities	605,826,338	633,322,022
Total liabilities	687,839,029	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, 59,073,485 and 58,882,515 shares issued, 54,643,902 and 55,167,708 shares outstanding (net of treasury stock), as of September 30, 2019 and March 31, 2019, respectively	590,736	588,826
Additional paid-in-capital	865,778,309	863,583,692
Treasury stock, at cost; 4,429,583 and 3,714,807 shares as of September 30, 2019 and March 31, 2019, respectively	(43,778,657)	(36,484,561)
Retained earnings	131,781,556	84,994,601
Total shareholders' equity	954,371,944	912,682,558
Total liabilities and shareholders' equity	$ 1,642,210,973	$ 1,625,370,017