Leases (Tables)

12 Months Ended

Mar. 31, 2020

Leases

Schedule of time charter-in expenses

	Year ended
	March 31, 2020		March 31, 2019		March 31, 2018
Charter hire expenses	$	9,861,898	$	237,525	$	—

Schedule of operating lease rent expense

	Year ended
	March 31, 2020		March 31, 2019		March 31, 2018
Operating lease rent expense	$	541,574	$	471,425	$	426,155

Schedule of operating lease right-of-use assets and liabilities

Description	Location on Balance Sheet	March 31, 2020
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	1,003,084
Time charter-in VLGCs	Operating lease right-of-use assets	$	25,858,467
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	398,096
Time charter-in VLGCs	Current portion of long-term operating leases	$	8,814,493
Long-term
Office Leases	Long-term operating leases	$	607,965
Time charter-in VLGCs	Long-term operating leases	$	17,043,974

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of March 31, 2020 were as follows:

FY 2021	$	10,078,464
FY 2022		10,088,339
FY 2023		8,212,288
Total undiscounted lease payments		28,379,091
Less: imputed interest		(1,514,563)
Carrying value of lease liabilities	$	26,864,528