XML 28 R16.htm IDEA: XBRL DOCUMENT v3.20.2
Revenues
6 Months Ended
Sep. 30, 2020
Revenues.  
Revenues

10. Revenues

Revenues comprise the following:

    

Three months ended

    

Six months ended

 

September 30, 2020

    

September 30, 2019

September 30, 2020

    

September 30, 2019

 

Net pool revenues—related party

$

49,723,556

$

80,944,577

$

116,652,977

$

131,036,714

Time charter revenues

4,177,064

10,271,398

9,263,068

21,253,429

Other revenues, net

809,657

 

408,900

1,959,556

 

500,278

Total revenues

$

54,710,277

 

$

91,624,875

$

127,875,601

 

$

152,790,421

Net pool revenues—related party depend upon the net results of the Helios Pool, and the operating days and pool points for each vessel. Refer to Note 2 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2020.

Other revenues, net represent income from charterers relating to reimbursement of voyage expenses such as costs for security guards and war risk insurance.