Leases (Tables)

9 Months Ended

Dec. 31, 2024

Leases:

Schedule of charter hire expenses for time chartered-in VLGCs

	Three months ended				Nine months ended
	December 31, 2024		December 31, 2023		December 31, 2024		December 31, 2023
Charter hire expenses	$	10,586,115	$	8,359,808	$	31,082,323	$	30,975,037

Schedule of operating lease rent expense

	Three months ended				Nine months ended
	December 31, 2024		December 31, 2023		December 31, 2024		December 31, 2023
Operating lease rent expense	$	142,743	$	140,991	$	404,604	$	419,567

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

Description	Location on Balance Sheet	December 31, 2024		March 31, 2024
Assets:
Non-current
Office leases	Operating lease right-of-use assets	$	840,522	$	1,194,974
Time charter-in VLGCs	Operating lease right-of-use assets	$	166,743,160	$	190,505,364
Liabilities:
Current
Office Leases	Current portion of long-term operating leases	$	384,265	$	448,317
Time charter-in VLGCs	Current portion of long-term operating leases	$	33,859,626	$	32,042,805
Long-term
Office Leases	Long-term operating leases	$	472,783	$	763,767
Time charter-in VLGCs	Long-term operating leases	$	132,883,534	$	158,462,559

Schedule of maturities of operating lease liabilities

Less than one year	$	42,896,359
One to three years		76,159,548
Three to five years		64,080,000
More than five years		9,134,389
Total undiscounted lease payments		192,270,296
Less: imputed interest		(24,670,088)
Carrying value of operating lease liabilities	$	167,600,208