Commitments and Contingencies (Tables)

12 Months Ended

Mar. 31, 2020

Schedule of future minimum scrubber purchases commitments

	March 31, 2020
Less than one year	$	4,112,466
Total	$	4,112,466

Schedule of commitments under contracts for BWMS Purchases

	March 31, 2020
Less than one year	$	937,400
Total	$	937,400

Schedule of operating leases

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

Schedule of future minimum time charter-in commitments

	March 31, 2020
Less than one year	$	18,363,500
One to three years		18,366,000
Total	$	36,729,500

Schedule of future minimum fixed time charter contracts

	March 31, 2020
Less than one year	$	18,230,858
One to three years		25,852,500
Total	$	44,083,358

United States, Greece, United Kingdom, And Denmark

Schedule of operating leases

	March 31, 2020
Less than one year	$	423,901
One to three years		278,446
Total	$	702,347