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Revenues
6 Months Ended
Sep. 30, 2018
Revenues.  
Revenues

8.  Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

    

Six months ended

 

 

 

September 30, 2018

    

September 30, 2017

 

September 30, 2018

    

September 30, 2017

 

Net pool revenues—related party

 

$

32,027,042

 

$

20,468,380

 

$

48,133,443

 

$

48,943,739

 

Time charter revenues

 

 

8,640,000

 

 

12,507,394

 

 

20,107,881

 

 

25,072,049

 

Voyage charter revenues

 

 

 —

 

 

1,733,247

 

 

 —

 

 

1,733,247

 

Other revenues, net

 

 

140,500

 

 

20,000

 

 

210,500

 

 

5,458

 

Total revenues

 

$

40,807,542

 

$

34,729,021

 

$

68,451,824

 

$

75,754,493

 

 

Net pool revenues—related party depend upon the net results of the Helios Pool, and the operating days and pool points for each vessel. Refer to Note 2 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2018.

 

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