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Vessels, Net (Tables)

9 Months Ended

Dec. 31, 2019

Vessels, Net

Schedule of vessels, net

					Accumulated
		Cost			depreciation			Net book Value
Balance, April 1, 2019		$	1,732,993,810		$	(254,473,496)		$	1,478,520,314
Other additions			17,460,014			—			17,460,014
Depreciation			—			(48,814,256)			(48,814,256)
Balance, December 31, 2019		$	1,750,453,824		$	(303,287,752)		$	1,447,166,072

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- Definition

Tabular disclosure of vessels used in normal conduct of business. Includes, but is not limited to, balances of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

No definition available.

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- References

No definition available.

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