Leases (Tables)

9 Months Ended

Dec. 31, 2020

Leases

Schedule of time charter-in expenses

	Three months ended				Nine months ended
	December 31, 2020		December 31, 2019		December 31, 2020		December 31, 2019
Charter hire expenses	$	4,392,132	$	2,071,206	$	13,626,580	$	6,181,206

Schedule of operating lease rent expense

	Three months ended				Nine months ended
	December 31, 2020		December 31, 2019		December 31, 2020		December 31, 2019
Operating lease rent expense	$	139,568	$	141,395	$	401,435	$	391,411

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

Description	Location on Balance Sheet	December 31, 2020
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	750,828
Time charter-in VLGCs	Operating lease right-of-use assets	$	19,281,064
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	442,793
Time charter-in VLGCs	Current portion of long-term operating leases	$	9,067,078
Long-term
Office Leases	Long-term operating leases	$	311,188
Time charter-in VLGCs	Long-term operating leases	$	10,213,986

Schedule of maturities of operating lease liabilities

Remainder of FY 2021	$	2,528,880
FY 2022		10,119,928
FY 2023		8,231,604
Total undiscounted lease payments		20,880,412
Less: imputed interest		(845,367)
Carrying value of lease liabilities	$	20,035,045