Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2020	Mar. 31, 2020
Current assets
Cash and cash equivalents	$ 133,593,851	$ 48,389,688
Restricted cash - current		3,370,178
Short-term investments		14,919,384
Trade receivables, net and accrued revenues	432	820,846
Due from related parties	75,999,872	66,847,701
Inventories	2,130,293	1,996,203
Prepaid expenses and other current assets	6,462,837	3,270,755
Total current assets	218,187,285	139,614,755
Fixed assets
Vessels, net	1,393,340,037	1,437,658,833
Other fixed assets, net	113,355	185,613
Total fixed assets	1,393,453,392	1,437,844,446
Other non-current assets
Deferred charges, net	10,084,303	7,336,726
Due from related parties-non-current	23,100,000	23,100,000
Restricted cash - non-current	84,778	35,629,261
Operating lease right-of-use assets	20,031,892	26,861,551
Other non-current assets	101,454	1,573,104
Total assets	1,665,043,104	1,671,959,843
Current liabilities
Trade accounts payable	11,274,403	13,552,796
Accrued expenses	4,600,415	4,080,952
Due to related parties	253,463	436,850
Deferred income	70,571	2,068,205
Derivative instruments		2,605,442
Current portion of long-term operating lease liabilities	9,509,871	9,212,589
Current portion of long-term debt	51,820,283	53,056,125
Total current liabilities	77,529,006	85,012,959
Long-term liabilities
Long-term debt-net of current portion and deferred financing fees	552,103,044	581,919,094
Long-term operating lease liabilities	10,525,174	17,651,939
Derivative instruments	7,805,857	9,152,829
Other long-term liabilities	1,307,164	1,170,824
Total long-term liabilities	571,741,239	609,894,686
Total liabilities	649,270,245	694,907,645
Commitments and contingencies
Shareholders' equity
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued nor outstanding
Common stock, $0.01 par value, 450,000,000 shares authorized, 59,465,124 and 59,083,290 shares issued, 49,886,990 and 50,827,952 shares outstanding (net of treasury stock), as of December 31, 2020 and March 31, 2020, respectively	594,651	590,833
Additional paid-in-capital	869,673,244	866,809,371
Treasury stock, at cost; 9,578,134 and 8,255,338 shares as of December 31, 2020 and March 31, 2020, respectively	(99,862,114)	(87,183,865)
Retained earnings	245,367,078	196,835,859
Total shareholders' equity	1,015,772,859	977,052,198
Total liabilities and shareholders' equity	$ 1,665,043,104	$ 1,671,959,843