Leases (Tables)

3 Months Ended

Jun. 30, 2024

Leases:

Schedule of charter hire expenses for time chartered-in VLGCs

	Three months ended
	June 30, 2024		June 30, 2023
Charter hire expenses	$	10,645,140	$	10,546,810

Schedule of operating lease rent expense

	Three months ended
	June 30, 2024		June 30, 2023
Operating lease rent expense	$	131,537	$	153,022

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

Description	Location on Balance Sheet	June 30, 2024		March 31, 2024
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	1,085,613	$	1,194,974
Time charter-in VLGCs	Operating lease right-of-use assets	$	182,708,445	$	190,505,364
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	434,099	$	448,317
Time charter-in VLGCs	Current portion of long-term operating leases	$	32,641,249	$	32,042,805
Long-term
Office Leases	Long-term operating leases	$	668,803	$	763,767
Time charter-in VLGCs	Long-term operating leases	$	150,067,196	$	158,462,559

Schedule of maturities of operating lease liabilities

Less than one year	$	42,700,728
One to three years		81,610,978
Three to five years		64,080,000
More than five years		25,154,389
Total undiscounted lease payments		213,546,095
Less: imputed interest		(29,734,748)
Carrying value of operating lease liabilities	$	183,811,347