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Commitments and Contingencies (Tables)

9 Months Ended

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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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.

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-Topic 840
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