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Vessels, Net (Tables)
3 Months Ended
Jun. 30, 2016
Vessels, Net  
Schedule of vessels, net

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Accumulated

    

 

 

 

 

 

Cost

 

depreciation

 

Net book Value

 

Balance, April 1, 2016

 

$

1,727,979,929

 

$

(60,755,453)

 

$

1,667,224,476

 

Additions

 

 

287,008

 

 

 —

 

 

287,008

 

Depreciation

 

 

 —

 

 

(16,092,641)

 

 

(16,092,641)

 

Balance, June 30, 2016

 

$

1,728,266,937

 

$

(76,848,094)

 

$

1,651,418,843