9. Revenues

Revenues comprise the following:

	Three months ended June 30, 2015		Three months ended June 30, 2014
Voyage charter revenues	$	14,864,184	$	8,189,289
Time charter revenues	5,372,203		7,374,365
Other revenues	95,514		290,186
Total	$	20,331,901	$	15,853,840

Time charter revenue included a profit-sharing element of the time charter agreements of $3.2 million for the three months ended June 30, 2014. There was no profit-sharing element of the time charter agreements for the three months ended June 30, 2015. Other revenues represents income from charterers relating to reimbursement of voyage expenses such as costs for security guards and war risk insurance.