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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Revenues.    
Revenues $ 73,165,324 $ 61,165,546
Expenses    
Voyage expenses 815,195 339,114
Charter hire expenses 4,715,598 2,055,000
Vessel operating expenses 17,389,363 16,119,953
Depreciation and amortization 16,890,413 16,266,421
General and administrative expenses 11,302,976 6,735,835
Total expenses 51,113,545 41,516,323
Other income-related parties 468,023 623,283
Operating income 22,519,802 20,272,506
Other income/(expenses)    
Interest and finance costs (9,087,236) (9,697,282)
Interest income 124,835 362,036
Unrealized loss on derivatives (495,806) (6,070,789)
Realized gain/(loss) on derivatives (806,229) 1,032,995
Other gain/(loss), net (87,361) 175,593
Total other income/(expenses), net (10,351,797) (14,197,447)
Net income $ 12,168,005 $ 6,075,059
Weighted average shares outstanding Basic (in shares) 50,554,233 54,552,994
Weighted average shares outstanding Diluted (in shares) 50,679,449 54,881,326
Earnings per common share - basic (in dollars per share) $ 0.24 $ 0.11
Earnings per common share - diluted (in dollars per share) $ 0.24 $ 0.11
Net pool revenues - related party    
Revenues.    
Revenues $ 66,929,421 $ 50,092,137
Time charter revenues    
Revenues.    
Revenues 5,086,004 10,982,031
Other revenues, net    
Revenues.    
Revenues $ 1,149,899 $ 91,378