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Leases (Tables)
6 Months Ended
Sep. 30, 2021
Leases  
Schedule of time charter-in expenses

Three months ended

Six months ended

September 30, 2021

September 30, 2020

September 30, 2021

September 30, 2020

Charter hire expenses

$

2,403,968

$

4,518,850

$

5,912,038

$

9,234,448

Schedule of operating lease rent expense

Three months ended

Six months ended

September 30, 2021

September 30, 2020

September 30, 2021

September 30, 2020

Operating lease rent expense

$

164,334

$

143,608

$

316,010

$

261,867

Schedule of operating lease right-of-use assets and liabilities

Description

Location on Balance Sheet

September 30, 2021

Assets:

Office leases

Operating lease right-of-use assets

$

415,802

Time charter-in VLGCs

Operating lease right-of-use assets

$

12,512,980

Liabilities:

Current

Office Leases

Current portion of long-term operating leases

$

341,055

Time charter-in VLGCs

Current portion of long-term operating leases

$

9,325,942

Long-term

Office Leases

Long-term operating leases

$

65,819

Time charter-in VLGCs

Long-term operating leases

$

3,187,038

Schedule of maturities of operating lease liabilities

Less than one year

$

9,996,432

One to three years

3,278,560

Total undiscounted lease payments

13,274,992

Less: imputed interest

(355,138)

Carrying value of operating lease liabilities

$

12,919,854