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Leases (Tables)
12 Months Ended
Mar. 31, 2022
Leases  
Schedule of time charter-in expenses

Year ended

March 31, 2022

March 31, 2021

March 31, 2020

Charter hire expenses

$

16,265,638

$

18,135,580

$

9,861,898

Schedule of operating lease rent expense

Year ended

March 31, 2022

March 31, 2021

March 31, 2020

Operating lease rent expense

$

624,370

$

558,400

$

541,574

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

Description

Location on Balance Sheet

March 31, 2022

Assets:

Non-current

Office leases

Operating lease right-of-use assets

$

194,343

Time charter-in VLGCs

Operating lease right-of-use assets

$

7,892,671

Liabilities:

Current

Office Leases

Current portion of long-term operating leases

$

180,693

Time charter-in VLGCs

Current portion of long-term operating leases

$

7,892,671

Schedule of maturities of operating lease liabilities

Maturities of operating lease liabilities as of March 31, 2022 were as follows:

Less than one year

$

8,214,964

Total undiscounted lease payments

8,214,964

Less: imputed interest

(141,600)

Carrying value of operating lease liabilities

$

8,073,364