Leases (Tables)

6 Months Ended

Sep. 30, 2024

Leases:

Schedule of charter hire expenses for time chartered-in VLGCs

	Three months ended				Six months ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Charter hire expenses	$	9,851,068	$	12,068,419	$	20,496,208	$	22,615,229

Schedule of operating lease rent expense

	Three months ended				Six months ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
Operating lease rent expense	$	130,324	$	125,554	$	261,861	$	278,576

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

Description	Location on Balance Sheet	September 30, 2024		March 31, 2024
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	993,616	$	1,194,974
Time charter-in VLGCs	Operating lease right-of-use assets	$	174,796,925	$	190,505,364
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	423,275	$	448,317
Time charter-in VLGCs	Current portion of long-term operating leases	$	33,248,595	$	32,042,805
Long-term
Office Leases	Long-term operating leases	$	587,314	$	763,767
Time charter-in VLGCs	Long-term operating leases	$	141,548,330	$	158,462,559

Schedule of maturities of operating lease liabilities

Less than one year	$	42,813,873
One to three years		78,901,721
Three to five years		64,080,000
More than five years		17,144,389
Total undiscounted lease payments		202,939,983
Less: imputed interest		(27,132,469)
Carrying value of operating lease liabilities	$	175,807,514