Leases (Tables)

6 Months Ended

Sep. 30, 2020

Leases

Schedule of time charter-in expenses

	Three months ended				Six months ended
	September 30, 2020		September 30, 2019		September 30, 2020		September 30, 2019
Charter hire expenses	$	4,518,850	$	2,055,000	$	9,234,448	$	4,110,000

Schedule of operating lease rent expense

	Three months ended				Six months ended
	September 30, 2020		September 30, 2019		September 30, 2020		September 30, 2019
Operating lease rent expense	$	143,608	$	127,664	$	261,867	$	250,016

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

Description	Location on Balance Sheet	September 30, 2020
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	834,413
Time charter-in VLGCs	Operating lease right-of-use assets	$	21,495,684
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	425,345
Time charter-in VLGCs	Current portion of long-term operating leases	$	8,982,704
Long-term
Office Leases	Long-term operating leases	$	411,929
Time charter-in VLGCs	Long-term operating leases	$	12,512,980

Schedule of maturities of operating lease liabilities

Remainder of FY 2021	$	5,047,989
FY 2022		10,104,389
FY 2023		8,222,917
Total undiscounted lease payments		23,375,295
Less: imputed interest		(1,042,337)
Carrying value of lease liabilities	$	22,332,958