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Leases (Tables)

6 Months Ended

Sep. 30, 2022

Leases

Schedule of time charter-in expenses

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Three months ended

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Six months ended

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September 30, 2022

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September 30, 2021

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September 30, 2022

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September 30, 2021

Charter hire expenses

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$

5,358,333

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$

2,403,968

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$

10,760,478

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$

5,912,038

Schedule of operating lease rent expense

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Three months ended

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Six months ended

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September 30, 2022

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September 30, 2021

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September 30, 2022

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September 30, 2021

Operating lease rent expense

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$

162,718

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$

164,334

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$

317,182

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$

316,010

Schedule of operating lease right-of-use assets and liabilities

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​	​	​	​	​	​
Description	​	Location on Balance Sheet	​	September 30, 2022
Assets:	​	​	​	​	​
Non-current	​	​	​	​	​
Office leases	​	Operating lease right-of-use assets	​	$	1,010,256
Time charter-in VLGCs	​	Operating lease right-of-use assets	​	$	3,187,038
​	​	​	​	​	​
Liabilities:	​	​	​	​	​
Current	​	​	​	​	​
Office Leases	​	Current portion of long-term operating leases	​	$	283,778
Time charter-in VLGCs	​	Current portion of long-term operating leases	​	$	3,187,038
​	​	​	​	​	​
Long-term	​	​	​	​	​
Office Leases	​	Long-term operating leases	​	$	732,730
Time charter-in VLGCs	​	Long-term operating leases	​	$	—

Schedule of maturities of operating lease liabilities

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Less than one year	​	$	3,539,969
One to three years	​	​	502,797
Three to five years	​	​	293,535
Total undiscounted lease payments	​	​	4,336,301
Less: imputed interest	​	​	(132,755)
Carrying value of operating lease liabilities	​	$	4,203,546

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- Definition

Tabular disclosure of lessee's balance sheet disclosures.

+ References

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- Definition

Tabular disclosure of time charter-in expense.

+ References

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980

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