Other Intangible Assets

12 Months Ended

Mar. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Other Intangible Assets

Note 15 — Other Intangible Assets

Other intangible assets consisted of the following at March 31, 2021:

Item	Life	Cost		Fiscal 2021 Amortization Expense		Accumulated Amortization at March 31, 2021		Cost, Net of Accumulated Amortization at March 31, 2021
Covenant Not to Compete	5 years	$	775,000	$	—	$	775,000	$	—
Customer Relationships	18-20 years		7,922,000		421,000		5,836,000		2,086,000
Third Party Administrator  Licenses	15 years		204,000		14,000		186,000		18,000
Total		$	8,901,000	$	435,000	$	6,797,000	$	2,104,000

Other intangible assets consisted of the following at March 31, 2020:

Item	Life	Cost		Fiscal 2020 Amortization Expense		Accumulated Amortization at March 31, 2020		Cost, Net of Accumulated Amortization at March 31, 2020
Covenant Not to Compete	5 years	$	775,000	$	—	$	775,000	$	—
Customer Relationships	18-20 years		7,922,000		421,000		5,414,000		2,508,000
Third Party Administrator  Licenses	15 years		204,000		14,000		172,000		32,000
Total		$	8,901,000	$	435,000	$	6,361,000	$	2,540,000

Amortization expense is expected to be $435,000 in fiscal 2022, $427,000 in fiscal 2023, $422,000 in fiscal 2024, $384,000 in fiscal 2025, $175,000 in fiscal 2026, and $261,000 thereafter.