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Intangible Assets (Tables)
6 Months Ended
Sep. 30, 2013
Intangible Assets [Abstract]  
Intangible assets subject to amortization
The following is a summary of the intangible assets subject to amortization at September 30, 2013 and March 31, 2013.
 
 
  
 
September 30, 2013
  
March 31, 2013
 
Intangible assets subject to amortization
Weighted
Average
Amortization
Period
 
 
Gross
Carrying
Value
  
 
 
Accumulated
Amortization
  
 
 
Gross Carrying
Value
  
 
 
Accumulated
Amortization
 
 
Trademarks
9 years
 
$
553,000
  
$
370,000
  
$
553,000
  
$
337,000
 
Customer relationships
12 years
  
6,464,000
   
3,068,000
   
6,464,000
   
2,743,000
 
Non-compete agreements
4 years
  
257,000
   
231,000
   
257,000
   
211,000
 
Total
11 years
 
$
7,274,000
  
$
3,669,000
  
$
7,274,000
  
$
3,291,000
 
Amortization expense for acquired intangible assets
Amortization expense for acquired intangible assets for the three and six months ended September 30, 2013 and 2012 is as follows:

 
 
Three Months Ended
  
Six Months Ended
 
 
 
September 30,
  
September 30,
 
 
 
2013
  
2012
  
2013
  
2012
 
 
 
  
  
  
 
Amortization expense
 
$
186,000
  
$
193,000
  
$
378,000
  
$
386,000
 
Estimated future amortization expense for intangible assets
The consolidated aggregate estimated future amortization expense for intangible assets subject to amortization is as follows:

Year Ending March 31,
 
 
2014 - remaining six months
 
$
360,000
 
2015
  
670,000
 
2016
  
349,000
 
2017
  
266,000
 
2018
  
266,000
 
Thereafter
  
1,694,000
 
Total
 
$
3,605,000