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NOTES PAYABLE AND CREDIT FACILITY (Tables)

12 Months Ended

Mar. 31, 2013

NOTES PAYABLE AND CREDIT FACILITY [Abstract]

Non-recourse and Recourse Obligations

Recourse and non-recourse obligations consist of the following (in thousands):

		March 31,
		2013				2012
Recourse note payable at 4.84% terminates on March 2, 2017		$	1,484			$	1,727
Non-recourse equipment notes secured by related investments in leases with interest rates ranging from 2.00% to 10.0% at March 31, 2013 and March 31, 2012		$	40,255			$	26,328

Recourse and non-recourse Notes Payable

Recourse and non-recourse notes payable as of March 31, 2013, mature as follows (in thousands):

		Recourse Notes				Non-Recourse
		Payable				Notes Payable
Year ending March 31, 2014		$	390			$	22,169
2015			390				13,126
2016			390				4,553
2017			314				401
2018 and thereafter			-				6
		$	1,484			$	40,255

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- Definition

Tabular disclosure of the aggregate carrying amount of all types of notes payable that are recourse and non-recourse to the entity, as of the balance sheet date, generally due monthly in amounts that are approximately equal to total payments due from the lessee under the leases that collateralize the notes payable.

+ References

No definition available.

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- Definition

Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 470

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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