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Financial Instruments and Fair Value Disclosures (FV) (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Oct. 31, 2020
May 31, 2020
Apr. 30, 2020
Mar. 31, 2020
Derivative Instruments                
Change in fair value $ 3,968,686 $ (667,110) $ 3,472,880 $ (6,737,899)        
Realized gain/(loss) on derivatives (2,129,695) 709,146 (2,935,924) 1,742,141        
Derivatives not designated as hedging instruments                
Derivative Instruments                
Gain/(loss) on derivatives, net 1,838,991 42,036 536,956 (4,995,758)        
Interest rate swap                
Derivative Instruments                
Derivative fixed interest rate (as a percent)           1.4675% 1.4275%  
Nominal value         $ 200,000,000      
Interest rate swap | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives                
Derivative Instruments                
Change in fair value 1,362,339 (1,612,110) 1,004,071 (7,682,899)        
Interest rate swap | Derivatives not designated as hedging instruments | Realized gain/(loss) on derivatives                
Derivative Instruments                
Realized gain/(loss) on derivatives (1,451,629) 709,146 (1,993,334) 1,742,141        
Interest rate swap | Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments                
Derivative Instruments                
Derivative Liabilities 8,148,758   8,148,758         $ 9,152,829
Forward freight agreements | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives                
Derivative Instruments                
Change in fair value 2,606,347 $ 945,000 2,468,809 $ 945,000        
Forward freight agreements | Derivatives not designated as hedging instruments | Realized gain/(loss) on derivatives                
Derivative Instruments                
Realized gain/(loss) on derivatives (678,066)   (942,590)          
Forward freight agreements | Derivatives not designated as hedging instruments | Current liabilities-Derivative instruments                
Derivative Instruments                
Derivative Liabilities $ 136,633   $ 136,633         $ 2,605,442