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Financial Instruments and Fair Value Disclosures (FV) (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Mar. 31, 2019
Derivative Instruments          
Change in fair value $ (667,110) $ 1,051,460 $ (6,737,899) $ 2,759,076  
Realized gain on derivatives 709,146 830,991 1,742,141 1,613,556  
Derivatives not designated as hedging instruments | Other non-current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset 1,199,184   1,199,184   $ 6,448,498
Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments          
Derivative Instruments          
Derivative Liabilities 2,208,585   2,208,585    
Interest rate swaps | Derivatives not designated as hedging instruments          
Derivative Instruments          
Gain/(loss) on derivatives, net 42,036 1,882,451 (4,995,758) 4,372,632  
Interest rate swaps | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives          
Derivative Instruments          
Change in fair value (1,612,110) 1,051,460 (7,682,899) 2,759,076  
Interest rate swaps | Derivatives not designated as hedging instruments | Realized gain on derivatives          
Derivative Instruments          
Realized gain on derivatives 709,146 $ 830,991 1,742,141 $ 1,613,556  
Interest rate swaps | Derivatives not designated as hedging instruments | Other non-current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset 974,184   974,184   $ 6,448,498
Interest rate swaps | Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments          
Derivative Instruments          
Derivative Liabilities 2,208,585   2,208,585    
Forward freight agreements | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives          
Derivative Instruments          
Change in fair value 945,000   945,000    
Forward freight agreements | Derivatives not designated as hedging instruments | Current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset 720,000   720,000    
Forward freight agreements | Derivatives not designated as hedging instruments | Other non-current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset $ 225,000   $ 225,000