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Financial Instruments and Fair Value Disclosures (FV) (Details) - USD ($)
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Derivative Instruments      
Change in fair value $ (18,206,769) $ (7,816,401) $ 8,421,531
Realized gain/(loss) on derivatives 2,800,374 3,788,123 (1,328,886)
Derivatives not designated as hedging instruments | Gain/(loss) on derivatives, net      
Derivative Instruments      
Gain/(loss) on derivatives, net (12,800,953) (4,028,278) 7,092,645
Interest rate swaps | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives      
Derivative Instruments      
Change in fair value (15,601,327) (7,816,401) 8,421,531
Interest rate swaps | Derivatives not designated as hedging instruments | Realized gain on derivatives      
Derivative Instruments      
Realized gain/(loss) on derivatives 2,403,480 3,788,123 $ (1,328,886)
Interest rate swaps | Derivatives not designated as hedging instruments | Other non-current assets-Derivative instruments      
Derivative Instruments      
Derivative Asset   $ 6,448,498  
Interest rate swaps | Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments      
Derivative Instruments      
Derivative Liabilities 9,152,829    
Forward freight agreements | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives      
Derivative Instruments      
Change in fair value (2,605,442)    
Forward freight agreements | Derivatives not designated as hedging instruments | Realized gain on derivatives      
Derivative Instruments      
Realized gain/(loss) on derivatives 396,894    
Forward freight agreements | Derivatives not designated as hedging instruments | Current liabilities-Derivative instruments      
Derivative Instruments      
Derivative Liabilities $ 2,605,442