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Long-term Debt (Tables)
3 Months Ended
Jun. 30, 2020
Long-term Debt  
Schedule of loans outstanding

    

June 30, 2020

    

March 31, 2020

 

2015 Facility/2015 AR Facility

Commercial Financing

$

155,655,698

$

163,385,998

KEXIM Direct Financing

100,104,372

110,716,127

KEXIM Guaranteed

104,512,865

115,385,072

K-sure Insured

51,673,559

57,098,924

Total 2015 Facility/2015 AR Facility

$

411,946,494

$

446,586,121

Japanese Financings

Corsair Japanese Financing

$

43,333,333

$

44,145,833

Concorde Japanese Financing

47,923,077

48,730,769

Corvette Japanese Financing

48,461,538

49,269,231

CJNP Japanese Financing

18,696,875

19,058,750

CMNL Japanese Financing

17,734,078

18,076,488

CNML Japanese Financing

19,909,673

20,261,012

Cresques Japanese Financing

51,645,000

Total Japanese Financings

$

247,703,574

$

199,542,083

Total debt obligations

$

659,650,068

$

646,128,204

Less: deferred financing fees

12,136,080

11,152,985

Debt obligations—net of deferred financing fees

$

647,513,988

$

634,975,219

Presented as follows:

Current portion of long-term debt

 

$

53,267,783

$

53,056,125

Long-term debt—net of current portion and deferred financing fees

 

594,246,205

581,919,094

Total

 

$

647,513,988

$

634,975,219

Schedule of deferred financing fees

    

Financing

costs

Balance, April 1, 2020

$

11,152,985

Additions

3,377,605

Amortization

(2,394,510)

Balance, June 30, 2020

 

$

12,136,080