XML 28 R16.htm IDEA: XBRL DOCUMENT v3.20.4
Revenues
9 Months Ended
Dec. 31, 2020
Revenues.  
Revenues

10. Revenues

Revenues comprise the following:

    

Three months ended

    

Nine months ended

 

December 31, 2020

    

December 31, 2019

December 31, 2020

    

December 31, 2019

 

Net pool revenues—related party

$

82,659,967

$

77,470,478

$

199,312,944

$

208,507,192

Time charter revenues

4,665,664

7,859,035

13,928,732

29,112,464

Other revenues, net

1,153,393

 

108,293

3,112,949

 

608,571

Total revenues

$

88,479,024

 

$

85,437,806

$

216,354,625

 

$

238,228,227

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 war risk insurance and security guards.