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SALE/LEASEBACK ARRANGEMENTS (Tables)
6 Months Ended
Sep. 30, 2015
Schedule of Future Minimum Lease Payments

As of September 30, 2015, the future minimum lease payments for vessels under operating lease terms are as follows:

 

Fiscal year ending (In thousands)    Fiscal 2015
Sale/Leaseback
     Fiscal 2014
Sale/Leaseback
     Total  

 

 

Remaining six months of 2016

   $ 4,743                 10,439                 15,182       

2017

     9,485                 20,879                 30,364       

2018

     9,605                 23,485                 33,090       

2019

     10,234                 24,800                 35,034       

2020

     11,497                 25,519                 37,016       

Thereafter

     30,866                 39,744                 70,610       

 

 

Total future lease payments

   $ 76,430                 144,866                 221,296