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Financial Instruments and Fair Value Disclosures (FV) (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Mar. 31, 2019
Derivative Instruments          
Change in fair value $ 1,446,395 $ (6,669,266) $ (5,291,504) $ (3,910,190)  
Realized gain on derivatives 449,276 881,276 2,191,417 2,494,832  
Interest rate swaps | Derivatives not designated as hedging instruments          
Derivative Instruments          
Gain/(loss) on derivatives, net 1,895,671 (5,787,990) (3,100,087) (1,415,358)  
Interest rate swaps | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives          
Derivative Instruments          
Change in fair value 801,395 (6,669,266) (6,881,504) (3,910,190)  
Interest rate swaps | Derivatives not designated as hedging instruments | Realized gain on derivatives          
Derivative Instruments          
Realized gain on derivatives 449,276 $ 881,276 2,191,417 $ 2,494,832  
Interest rate swaps | Derivatives not designated as hedging instruments | Other non-current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset 1,033,323   1,033,323   $ 6,448,498
Interest rate swaps | Derivatives not designated as hedging instruments | Long-term liabilities-Derivatives instruments          
Derivative Instruments          
Derivative Liabilities 1,466,329   1,466,329    
Forward freight agreements | Derivatives not designated as hedging instruments | Unrealized gain/(loss) on derivatives          
Derivative Instruments          
Change in fair value 645,000   1,590,000    
Forward freight agreements | Derivatives not designated as hedging instruments | Current assets-Derivative instruments          
Derivative Instruments          
Derivative Asset $ 1,590,000   $ 1,590,000