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Commitments and Contingencies (Tables)
3 Months Ended
Jun. 30, 2020
Schedule of future minimum scrubber purchases commitments

June 30, 2020

Less than one year

$

3,564,298

Total

$

3,564,298

Schedule of commitments under contracts for BWMS Purchases

June 30, 2020

Less than one year

$

734,380

Total

$

734,380

Schedule of operating leases

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

Schedule of future minimum time charter-in commitments

June 30, 2020

Less than one year

$

16,636,000

One to three years

15,257,000

Total

$

31,893,000

Schedule of future minimum fixed time charter contracts

June 30, 2020

Less than one year

$

19,400,858

One to three years

20,580,000

Total

$

39,980,858

United States, Greece, United Kingdom, And Denmark  
Schedule of operating leases

June 30, 2020

Less than one year

$

381,788

One to three years

214,689

Total

$

596,477