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Commitments and Contingencies (Tables) | 9 Months Ended
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Dec. 31, 2019
Commitments and Contingencies |
Schedule of future minimum scrubber purchases commitments |
|  | December 31, 2019 |
Less than one year |  | $ | 4,218,540 |
Total |  | $ | 4,218,540 |
Schedule of operating lease rent expense |
|  | Three months ended |  | Nine months ended
|  | December 31, 2019 |  | December 31, 2018 |  | December 31, 2019 |  | December 31, 2018
Operating lease rent expense |  | $ | 141,395 |  | $ | 120,010 |  | $ | 391,411 |  | $ | 353,609
Schedule of operating leases |
|  | December 31, 2019 |
Less than one year |  | $ | 531,200 |
One to three years |  |  | 395,592 |
Total |  | $ | 926,792 |
Schedule of time charter-in expenses |
|  | Three months ended |  | Nine months ended
|  | December 31, 2019 |  | December 31, 2018 |  | December 31, 2019 |  | December 31, 2018
Charter hire expenses |  | $ | 2,071,206 |  | $ | — |  | $ | 6,181,206 |  | $ | —
Schedule of future minimum time charter-in commitments |
|  | December 31, 2019 |
Less than one year |  | $ | 8,370,000 |
One to three years |  |  | 1,400,000 |
Total |  | $ | 9,770,000 |
Schedule of future minimum fixed time charter contracts |
|  | December 31, 2019 |
Less than one year |  | $ | 16,675,858 |
One to three years |  |  | 31,125,000 |
Total |  | $ | 47,800,858 |

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- Definition Tabular disclosure of scrubber purchases arrangements in which the entity has committed resources to supply goods or services to a customer. May include identification of the goods or services to be furnished, identity of the purchasing party, pricing, effects on pricing for failing to deliver the [minimum] quantities required to be furnished, cancellation rights, and termination provisions. + References No definition available. + Details
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- Definition Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 1,3) -URI http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41499-112717 Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118943654&loc=d3e12069-110248 Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84164451&loc=d3e36991-112694 + Details
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- Definition Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41499-112717 + Details
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