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LONG-TERM DEBT (Tables)
3 Months Ended
Jun. 30, 2016
Debt Instrument [Line Items]  
Long-Term Debt

Long-term debt consists of the following:

 

 

 

As of

 

 

 

June 30,

2016

 

 

March 31,

2016

 

 

 

(dollars in thousands)

 

Credit Facility

 

$

373,000

 

 

$

382,000

 

Senior Unsecured Notes

 

 

125,714

 

 

 

125,714

 

Total Debt

 

 

498,714

 

 

 

507,714

 

Less: Current Portion of Long-term Debt

 

 

(8,000

)

 

 

(8,000

)

Total Debt

 

$

490,714

 

 

$

499,714

 

 

2005 Note Purchase Agreement [Member]  
Debt Instrument [Line Items]  
Amount Outstanding of Tranches

At June 30, 2016, the amount outstanding for the remaining tranche is as follows:

 

 

Principal

 

 

Maturity Date

 

 

Interest Rate

 

Tranche C

 

$

57.2 million

 

 

 

November 15, 2017

 

 

 

5.48%

 

 

2007 Note Purchase Agreement [Member]  
Debt Instrument [Line Items]  
Amount Outstanding of Tranches

At June 30, 2016, the amounts outstanding for each of the remaining tranches were as follows:

 

 

 

Principal

 

 

Maturity Date

 

 

Interest Rate

 

Tranche B

 

$

8.0 million

 

 

 

October 2, 2016

 

 

 

6.27%

 

Tranche C

 

$

24.0 million

 

 

 

October 2, 2017

 

 

 

6.36%

 

Tranche D

 

$

36.5 million

 

 

 

October 2, 2019

 

 

 

6.48%