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Revenues
9 Months Ended
Dec. 31, 2019
Revenues.  
Revenues

9.  Revenues

 

Revenues comprise the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Three months ended 

    

Nine months ended

 

 

 

December 31, 2019

    

December 31, 2018

 

December 31, 2019

    

December 31, 2018

 

Net pool revenues—related party

 

$

77,470,478

 

$

46,683,295

 

$

208,507,192

 

$

94,816,738

 

Time charter revenues

 

 

7,859,035

 

 

8,370,000

 

 

29,112,464

 

 

28,477,881

 

Other revenues, net

 

 

108,293

 

 

60,000

 

 

608,571

 

 

270,500

 

Total revenues

 

$

85,437,806

 

$

55,113,295

 

$

238,228,227

 

$

123,565,119

 

 

Net pool revenues—related party depend upon the net results of the Helios Pool, and the 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, 2019.

 

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