v3.26.1
Interest and Finance Costs
12 Months Ended
Mar. 31, 2026
Interest and Finance Costs:  
Interest and Finance Costs

18. Interest and Finance Costs

Interest and finance costs are comprised of the following:

  ​ ​ ​

Year ended

 

March 31, 2026

March 31, 2025

March 31, 2024

Interest incurred

$

29,232,556

$

33,633,357

$

38,008,159

Amortization of financing costs

1,144,442

1,219,532

1,243,360

Other financing costs

1,389,494

1,386,640

1,228,909

Capitalized interest

(2,517,350)

(426,606)

Total

$

29,249,142

$

35,812,923

$

40,480,428