Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Mar. 31, 2021
Current assets
Cash and cash equivalents	$ 115,807,905	$ 79,330,007
Restricted cash - current		5,315,951
Trade receivables, net and accrued revenues		202,221
Due from related parties	47,487,533	56,191,375
Inventories	2,361,139	2,007,464
Vessel held for sale	43,417,348
Prepaid expenses and other current assets	8,384,018	10,296,229
Total current assets	217,457,943	153,343,247
Fixed assets
Vessels, net	1,252,405,737	1,377,028,255
Vessels under construction	16,167,470
Other fixed assets, net	84,799	148,836
Total fixed assets	1,268,658,006	1,377,177,091
Other non-current assets
Deferred charges, net	10,537,511	10,158,202
Due from related parties-non-current	20,900,000	23,100,000
Restricted cash - non-current	78,946	81,241
Operating lease right-of-use assets	10,517,796	17,672,227
Other non-current assets	94,580	82,837
Total assets	1,528,244,782	1,581,614,845
Current liabilities
Trade accounts payable	9,271,885	9,831,328
Accrued expenses	3,906,423	8,765,264
Due to related parties	360,682	117,803
Deferred income	1,628,133	853,983
Derivative instruments	205,869	1,100,529
Current portion of long-term operating lease liabilities	9,704,781	9,591,447
Current portion of long-term debt	69,530,028	51,820,283
Dividends payable	247,090
Total current liabilities	94,854,891	82,080,637
Long-term liabilities
Long-term debt-net of current portion and deferred financing fees	506,737,795	539,651,761
Long-term operating lease liabilities	802,793	8,080,995
Derivative instruments	144,057	3,454,862
Other long-term liabilities	1,514,183	1,521,260
Total long-term liabilities	509,198,828	552,708,878
Total liabilities	604,053,719	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, 51,275,609 and 51,071,409 shares issued, 40,138,956 and 41,493,275 shares outstanding (net of treasury stock), as of December 31, 2021 and March 31, 2021, respectively	512,757	510,715
Additional paid-in-capital	759,390,376	756,776,217
Treasury stock, at cost; 11,136,653 and 9,578,134 shares as of December 31, 2021 and March 31, 2021, respectively	(121,226,936)	(99,862,114)
Retained earnings	285,514,866	289,400,512
Total shareholders' equity	924,191,063	946,825,330
Total liabilities and shareholders' equity	$ 1,528,244,782	$ 1,581,614,845