Note 5 Other Assets

9 Months Ended

Dec. 31, 2014

Other Assets [Abstract]

Other Assets Disclosure [Text Block]

5. Other Assets

Other assets consist of the following (in thousands):

	December 31,		March 31,
	2014		2014
	(unaudited)
Marketable equity securities	$	2,692	$	4,158
Auction rate preferred securities		350		350
Long-term equity method investments		11,369		5,921
Other items		818		1,352
Total	$	15,229	$	11,781

Our marketable equity securities and ARPS are classified as available-for-sale-securities. During the quarter ended December 31, 2014, we recognized an other than temporary impairment of $945,000 in our investments in marketable equity securities. The impairment loss was included in “Other income (expenses), net” on our unaudited condensed consolidated statements of operations. See Note 4, “Fair Value” for further information regarding our evaluation of marketable equity securities.

On December 12, 2014, we invested $5.9 million to subscribe 24.3% of the outstanding common shares of ATEC. The investment was accounted for using the equity method.