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Deferred Charges, Net
 9 Months Ended
Dec. 31, 2016
Deferred Charges, Net.  
Deferred Charges, Net

4. Deferred Charges, Net

 

The analysis and movement of deferred charges is presented in the table below:

 

 

 

 

 

 

 

    

Drydocking

 

 

 

costs

 

Balance, April 1, 2016

 

$
294,935

 

Additions

 

 
1,699,708

 

Amortization

 

 
(107,957)

 

Balance, December 31, 2016

 

$
1,886,686

 

 

The drydocking costs incurred during the nine months ended December 31, 2016 relate to the drydocking of two of our VLGCs.