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Revenues
9 Months Ended
Dec. 31, 2018
Revenues.  
Revenues

8.  Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

    

Nine months ended

 

 

 

December 31, 2018

    

December 31, 2017

 

December 31, 2018

    

December 31, 2017

 

Net pool revenues—related party

 

$

46,683,295

 

$

31,610,427

 

$

94,816,738

 

$

80,554,166

 

Time charter revenues

 

 

8,370,000

 

 

12,498,849

 

 

28,477,881

 

 

37,570,898

 

Voyage charter revenues

 

 

 —

 

 

335,244

 

 

 —

 

 

2,068,491

 

Other revenues, net

 

 

60,000

 

 

101,069

 

 

270,500

 

 

106,527

 

Total revenues

 

$

55,113,295

 

$

44,545,589

 

$

123,565,119

 

$

120,300,082

 

 

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.