Debt (Tables)

3 Months Ended

Jun. 30, 2016

Debt [Abstract]

Summarized information about the term loan

The following summarizes information about the Company’s Term Loans at:

	June 30, 2016			March 31, 2016
Principal amount of term loan	$	22,656,000		$	23,438,000
Unamortized financing fees		(389,000	)		(391,000	)
Net carrying amount of term loan		22,267,000			23,047,000
Less current portion of term loan		(3,064,000	)		(3,067,000	)
Long-term portion of term loan	$	19,203,000		$	19,980,000

Future repayments of the amended term loan, by fiscal year

Future repayments of the Company’s Term Loans, by fiscal year, are as follows:

Year Ending March 31,
2017 - remaining nine months		2,343,000
2018		3,125,000
2019		3,125,000
2020		3,125,000
2021		10,938,000
Total payments	$	22,656,000