Deferred Charges, Net

12 Months Ended

Mar. 31, 2019

Deferred Charges, Net.

Deferred Charges, Net

7. Deferred Charges, Net

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

	Drydocking		Equity		Total deferred
	costs		offering costs		charges, net
Balance, April 1, 2017	$	1,884,174	$	—	$	1,884,174
Additions		185,050		52,546		237,596
Amortization		(488,309)		—		(488,309)
Other		(6,393)		(52,546)		(58,939)
Balance, March 31, 2018	$	1,574,522	$	—	$	1,574,522
Additions		955,372		—		955,372
Amortization		(529,100)		—		(529,100)
Balance, March 31, 2019	$	2,000,794	$	—	$	2,000,794