Intangible Assets

3 Months Ended

Jun. 30, 2015

Intangible Assets [Abstract]

Intangible Assets

3. Intangible Assets

The following is a summary of the intangible assets subject to amortization:

		June 30, 2015				March 31, 2015
	Weighted Average Amortization Period	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Intangible assets subject to amortization
Trademarks	11 years	$	820,000	$	79,000	$	397,000	$	278,000
Customer relationships	11 years		7,460,000		2,476,000		6,211,000		3,756,000
Total		$	8,280,000	$	2,555,000	$	6,608,000	$	4,034,000

Amortization expense for acquired intangible assets is as follows:

	Three Months Ended June 30,
	2015		2014
Amortization expense	$	174,000	$	180,000

The estimated future amortization expense for intangible assets subject to amortization is as follows:

Year Ending March 31,
2016 - remaining nine months	$	522,000
2017		665,000
2018		665,000
2019		665,000
2020		665,000
Thereafter		2,543,000
Total		5,725,000