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Interest and Finance Costs
12 Months Ended
Mar. 31, 2022
Interest and Finance Costs  
Interest and Finance Costs

17. Interest and Finance Costs

Interest and finance costs is comprised of the following:

    

Year ended

 

March 31, 2022

March 31, 2021

March 31, 2020

Interest incurred

$

20,119,655

$

21,665,379

$

32,355,390

Amortization of financing costs

5,889,040

4,695,360

2,893,392

Other financing costs

1,350,744

1,235,385

856,759

Capitalized interest

(292,044)

Total

$

27,067,395

$

27,596,124

$

36,105,541