8. Revenues

Revenues comprise the following:


	Three months ended
	June 30, 2017		June 30, 2016
Net pool revenues—related party	$	28,475,359	$	37,659,385
Time charter revenues		12,564,655		12,532,351
Other revenues, net		(14,542)		324,040
Total revenues	$	41,025,472	$	50,515,776

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 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2017.

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