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Revenues
3 Months Ended
Jun. 30, 2019
Revenues.  
Revenues

8.  Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

 

 

 

June 30, 2019

    

June 30, 2018

 

Net pool revenues—related party

 

$

50,092,137

 

$

16,106,401

 

Time charter revenues

 

 

10,982,031

 

 

11,467,881

 

Other revenues, net

 

 

91,378

 

 

70,000

 

Total revenues

 

$

61,165,546

 

$

27,644,282

 

 

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, 2019.

 

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