Debt (Tables)

12 Months Ended

Mar. 31, 2017

Debt [Abstract]

Summarized information about the term loan

The following summarizes information about the Company’s Term Loans at March 31:

	2017			2016
Principal amount of term loan	$	20,312,000		$	23,438,000
Unamortized financing fees		(313,000	)		(391,000	)
Net carrying amount of term loan		19,999,000			23,047,000
Less current portion of term loan		(3,064,000	)		(3,067,000	)
Long-term portion of term loan	$	16,935,000		$	19,980,000

Future repayments of the Amended Term Loan, by fiscal year

Future repayments of the Company’s Term Loans are as follows:

Year Ending March 31,
2018		3,125,000
2019		3,125,000
2020		3,125,000
2021		10,937,000
Total payments	$	20,312,000