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INTEREST EXPENSE
3 Months Ended
Jun. 30, 2017
Banking And Thrift Interest [Abstract]  
INTEREST EXPENSE

(N) INTEREST EXPENSE

The following components are included in interest expense, net:

 

 

 

For the Three Months

Ended June 30,

 

 

 

2017

 

 

2016

 

 

 

(dollars in thousands)

 

Interest (Income)

 

$

(3

)

 

$

 

Interest Expense

 

 

7,176

 

 

 

3,749

 

Other Expenses

 

 

310

 

 

 

152

 

Interest Expense, net

 

$

7,483

 

 

$

3,901

 

 

Interest income includes interest on investments of excess cash. Components of interest expense include interest associated with the Private Placement Senior Unsecured Notes, the Credit Facility, the Senior Unsecured Notes and commitment fees based on the unused portion of the Credit Facility. Other expenses include amortization of debt issuance costs, and credit facility costs.