Leases (Tables)

3 Months Ended

Jun. 30, 2020

Leases

Schedule of time charter-in expenses

	Three months ended
	June 30, 2020		June 30, 2019
Charter hire expenses	$	4,715,598	$	2,055,000

Schedule of operating lease rent expense

	Three months ended
	June 30, 2020		June 30, 2019
Operating lease rent expense	$	118,259	$	122,352

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

Description	Location on Balance Sheet	June 30, 2020
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	915,257
Time charter-in VLGCs	Operating lease right-of-use assets	$	23,687,426
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	409,507
Time charter-in VLGCs	Current portion of long-term operating leases	$	8,898,201
Long-term
Office Leases	Long-term operating leases	$	508,524
Time charter-in VLGCs	Long-term operating leases	$	14,789,225

Schedule of maturities of operating lease liabilities

Remainder of FY 2021	$	7,561,882
FY 2022		10,091,911
FY 2023		8,215,431
Total undiscounted lease payments		25,869,224
Less: imputed interest		(1,263,767)
Carrying value of lease liabilities	$	24,605,457