Deferred Charges, Net

3 Months Ended

Jun. 30, 2020

Deferred Charges, Net.

Deferred Charges, Net

4. Deferred Charges, Net

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

	Drydocking
	costs
Balance, April 1, 2020	$	7,336,726
Additions		1,086,597
Amortization		(444,445)
Balance, June 30, 2020	$	7,978,878