Consolidated Balance Sheets - USD ($)	Sep. 30, 2022	Mar. 31, 2022
Current assets
Cash and cash equivalents	$ 141,286,758	$ 236,758,927
Trade receivables, net and accrued revenues		853,060
Due from related parties	55,473,796	57,782,831
Inventories	2,341,716	2,266,351
Prepaid expenses and other current assets	9,145,787	10,232,083
Total current assets	208,248,057	307,893,252
Fixed assets
Vessels, net	1,208,077,346	1,238,061,690
Vessel under construction	25,324,446	16,401,532
Other fixed assets, net	53,407	54,101
Total fixed assets	1,233,455,199	1,254,517,323
Other non-current assets
Deferred charges, net	8,451,664	9,839,000
Derivative instruments	12,059,559	6,512,479
Due from related parties-non-current	19,800,000	19,800,000
Restricted cash - non-current	69,853	77,987
Operating lease right-of-use assets	4,197,294	8,087,014
Other non-current assets	2,182,701	635,038
Total assets	1,488,464,327	1,607,362,093
Current liabilities
Trade accounts payable	8,663,184	9,541,131
Accrued expenses	5,242,403	3,801,448
Due to related parties	25,520	37,433
Deferred income	808,417	813,967
Current portion of long-term operating lease liabilities	3,470,816	8,073,364
Current portion of long-term debt	52,032,537	72,075,571
Dividends payable	754,391	494,180
Total current liabilities	70,997,268	94,837,094
Long-term liabilities
Long-term debt-net of current portion and deferred financing fees	589,960,853	590,687,387
Long-term operating lease liabilities	732,730
Other long-term liabilities	1,404,016	1,686,197
Total long-term liabilities	592,097,599	592,373,584
Total liabilities	663,094,867	687,210,678
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, 51,578,196 and 51,321,695 shares issued, 40,332,833 and 40,185,042 shares outstanding (net of treasury stock), as of September 30, 2022 and March 31, 2022, respectively	515,783	513,217
Additional paid-in-capital	762,502,628	760,105,994
Treasury stock, at cost; 11,245,363 and 11,136,653 shares as of September 30, 2022 and March 31, 2022, respectively	(122,896,838)	(121,226,936)
Retained earnings	185,247,887	280,759,140
Total shareholders' equity	825,369,460	920,151,415
Total liabilities and shareholders' equity	$ 1,488,464,327	$ 1,607,362,093