Consolidated Balance Sheets - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Current assets
Cash and cash equivalents	$ 236,758,927	$ 79,330,007
Restricted cash - current		5,315,951
Trade receivables, net and accrued revenues	853,060	202,221
Due from related parties	57,782,831	56,191,375
Inventories	2,266,351	2,007,464
Prepaid expenses and other current assets	10,232,083	10,296,229
Total current assets	307,893,252	153,343,247
Fixed assets
Vessels, net	1,238,061,690	1,377,028,255
Vessel under construction	16,401,532
Other fixed assets, net	54,101	148,836
Total fixed assets	1,254,517,323	1,377,177,091
Other non-current assets
Deferred charges, net	9,839,000	10,158,202
Derivative instruments	6,512,479
Due from related parties-non-current	19,800,000	23,100,000
Restricted cash - non-current	77,987	81,241
Operating lease right-of-use assets	8,087,014	17,672,227
Other non-current assets	635,038	82,837
Total assets	1,607,362,093	1,581,614,845
Current liabilities
Trade accounts payable	9,541,131	9,831,328
Accrued expenses	3,801,448	8,765,264
Due to related parties	37,433	117,803
Deferred income	813,967	853,983
Derivative instruments		1,100,529
Current portion of long-term operating lease liabilities	8,073,364	9,591,447
Current portion of long-term debt	72,075,571	51,820,283
Dividends payable	494,180
Total current liabilities	94,837,094	82,080,637
Long-term liabilities
Long-term debt-net of current portion and deferred financing fees	590,687,387	539,651,761
Long-term operating lease liabilities		8,080,995
Derivative instruments		3,454,862
Other long-term liabilities	1,686,197	1,521,260
Total long-term liabilities	592,373,584	552,708,878
Total liabilities	687,210,678	634,789,515
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, 51,321,695 and 51,071,409 shares issued, 40,185,042 and 41,493,275 shares outstanding (net of treasury stock), as of March 31, 2022 and March 31, 2021, respectively	513,217	510,715
Additional paid-in-capital	760,105,994	756,776,217
Treasury stock, at cost; 11,136,653 and 9,578,134 shares as of March 31, 2022 and March 31, 2021, respectively	(121,226,936)	(99,862,114)
Retained earnings	280,759,140	289,400,512
Total shareholders' equity	920,151,415	946,825,330
Total liabilities and shareholders' equity	$ 1,607,362,093	$ 1,581,614,845