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Earnings/(Loss) Per Share (EPS) (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Numerator:        
Net income/(loss) $ (7,145,588) $ 41,213,264 $ (8,436,709) $ 54,866,147
Denominator:        
Basic weighted average number of common shares outstanding (in shares) 53,879,282 57,033,156 54,307,779 57,080,564
Effect of dilutive restricted stock (in shares)   49,040   55,932
Diluted weighted average number of common shares outstanding (in shares) 53,879,282 57,082,196 54,307,779 57,136,496
EPS:        
Earnings/(loss) per common share – basic (in dollars per share) $ (0.13) $ 0.72 $ (0.16) $ 0.96
Earnings/(loss) per common share – diluted (in dollars per share) $ (0.13) $ 0.72 $ (0.16) $ 0.96
Restricted stock awards        
EPS:        
Number of shares excluded from the calculation of diluted EPS 1,115,000 655,000 1,115,000 655,000