Consolidated Balance Sheets - USD ($)	Mar. 31, 2023	Mar. 31, 2022
Current assets
Cash and cash equivalents	$ 148,797,232	$ 236,758,927
Trade receivables, net and accrued revenues	3,282,256	853,060
Due from related parties	73,070,095	57,782,831
Inventories	2,642,395	2,266,351
Prepaid expenses and other current assets	8,507,007	10,232,083
Total current assets	236,298,985	307,893,252
Fixed assets
Vessels, net	1,263,928,605	1,238,061,690
Vessel under construction		16,401,532
Other fixed assets, net	48,213	54,101
Total fixed assets	1,263,976,818	1,254,517,323
Other non-current assets
Deferred charges, net	8,367,301	9,839,000
Derivative instruments	9,278,544	6,512,479
Due from related parties-non-current	20,900,000	19,800,000
Restricted cash - non-current	76,418	77,987
Operating lease right-of-use assets	158,179,398	8,087,014
Available-for-sale securities	11,366,838
Other non-current assets	469,227	635,038
Total assets	1,708,913,529	1,607,362,093
Current liabilities
Trade accounts payable	10,807,376	9,541,131
Accrued expenses	5,637,725	3,801,448
Due to related parties	168,793	37,433
Deferred income	208,558	813,967
Current portion of long-term operating lease liabilities	23,407,555	8,073,364
Current portion of long-term debt	53,110,676	72,075,571
Dividends payable	1,255,861	494,180
Total current liabilities	94,596,544	94,837,094
Long-term liabilities
Long-term debt-net of current portion and deferred financing fees	604,256,670	590,687,387
Long-term operating lease liabilities	134,782,483
Other long-term liabilities	1,431,510	1,686,197
Total long-term liabilities	740,470,663	592,373,584
Total liabilities	835,067,207	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, 51,630,593 and 51,321,695 shares issued, 40,382,730 and 40,185,042 shares outstanding (net of treasury stock), as of March 31, 2023 and March 31, 2022, respectively	516,306	513,217
Additional paid-in-capital	764,383,292	760,105,994
Treasury stock, at cost; 11,247,863 and 11,136,653 shares as of March 31, 2023 and March 31, 2022, respectively	(122,896,838)	(121,226,936)
Retained earnings	231,843,562	280,759,140
Total shareholders' equity	873,846,322	920,151,415
Total liabilities and shareholders' equity	$ 1,708,913,529	$ 1,607,362,093