XML 26 R14.htm IDEA: XBRL DOCUMENT v3.5.0.2
Revenues
3 Months Ended
Jun. 30, 2016
Revenues.  
Revenues

8. Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

 

 

 

June 30, 2016

    

June 30, 2015

 

Net pool revenues—related party

 

$

37,659,385

 

$

15,310,559

 

Voyage charter revenues

 

 

 —

 

 

14,864,184

 

Time charter revenues

 

 

12,532,351

 

 

5,372,203

 

Other revenues

 

 

324,040

 

 

95,514

 

Total

 

$

50,515,776

 

$

35,642,460

 

 

Net pool revenues—related party depend upon the net results of the Helios Pool, operating days and pool points for each vessel. Refer to Note 2 of the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2016.

 

Other revenues represent income from charterers relating to reimbursement of voyage expenses such as costs for security guards and war risk insurance.