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Revenues
9 Months Ended
Dec. 31, 2016
Revenues.  
Revenues

8. Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

    

Nine months ended

 

 

 

December 31, 2016

    

December 31, 2015

 

December 31, 2016

    

December 31, 2015

 

Net pool revenues—related party

 

$

22,301,512

 

$

66,044,777

 

$

80,798,208

 

$

130,701,023

 

Time charter revenues

 

 

11,921,875

 

 

11,237,746

 

 

36,919,910

 

 

26,169,581

 

Voyage charter revenues

 

 

1,296,952

 

 

15,567,844

 

 

1,296,952

 

 

46,013,858

 

Other revenues

 

 

214,649

 

 

433,341

 

 

846,927

 

 

988,138

 

Total revenues

 

$

35,734,988

 

$

93,283,708

 

$

119,861,997

 

$

203,872,600

 

 

Net pool revenues—related party depend upon the net results of the Helios Pool, operating days and pool points for each vessel. Refer to Note 2 of the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2016.

 

Other revenues represent income from charterers relating to reimbursement of voyage expenses such as costs for security guards and war risk insurance.