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Commitments and Contingencies | 9 Months Ended
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Dec. 31, 2019
Commitments and Contingencies |
Commitments and Contingencies | 12. Commitments and Contingencies Commitments under Contracts for Scrubbers Purchases We had contractual commitments to purchase scrubbers to reduce sulfur emissions as of:
|  | December 31, 2019 |
Less than one year |  | $ | 4,218,540 |
Total |  | $ | 4,218,540 |
These amounts only reflect firm commitments for scrubber purchases as of December 31, 2019 and exclude costs related to their installation. The timing of these payments is subject to change as installation times are finalized. Operating Leases Operating lease rent expense was as follows:
|  | 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
We had the following commitments as a lessee under operating leases relating to our United States, Greece, United Kingdom, and Denmark offices:
|  | December 31, 2019 |
Less than one year |  | $ | 531,200 |
One to three years |  |  | 395,592 |
Total |  | $ | 926,792 |
Time Charter-in Charter hire expenses for the third-party time chartered-in VLGC were as follows:
|  | 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 |  | $ | —
We had the following time charter-in commitments relating to VLGCs either currently in our fleet or contracted to be delivered to our fleet:
|  | December 31, 2019 |
Less than one year |  | $ | 8,370,000 |
One to three years |  |  | 1,400,000 |
Total |  | $ | 9,770,000 |
Fixed Time Charter Contracts We had the following future minimum fixed time charter hire receipts based on non-cancelable long-term 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 |
Other From time to time we expect to be subject to legal proceedings and claims in the ordinary course of business, principally personal injury and property casualty claims. Such claims, even if lacking in merit, could result in the expenditure of significant financial and managerial resources. We are not aware of any claim that is reasonably possible and should be disclosed or probable and for which a provision should be established in the accompanying unaudited interim condensed consolidated financial statements.

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- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 + Details
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