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Intangible Assets
12 Months Ended
Mar. 31, 2014
Intangible Assets [Abstract]  
Intangible Assets
4. Intangible Assets

The following is a summary of the intangible assets subject to amortization at March 31:

 
2014
 
2013
 
Weighted
Average
Amortization
Period
Gross Carrying
Value
 
Accumulated
Amortization
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Intangible assets subject to amortization
    
Trademarks
9 years
 
$
553,000
  
$
391,000
  
$
553,000
  
$
337,000
 
Customer relationships
12 years
  
6,464,000
   
3,393,000
   
6,464,000
   
2,743,000
 
Non-compete agreements
4 years
  
257,000
   
246,000
   
257,000
   
211,000
 
Total
11 years
 
$
7,274,000
  
$
4,030,000
  
$
7,274,000
  
$
3,291,000
 

Amortization expense for acquired intangible assets is as follows:

 
Years Ended March 31,
 
 
2014
  
2013
  
2012
 
      
Amortization expense
 
$
739,000
  
$
773,000
  
$
774,000
 

The estimated future amortization expense for intangible assets subject to amortization is as follows:

Year Ending March 31,
  
2015
 
$
670,000
 
2016
  
349,000
 
2017
  
266,000
 
2018
  
266,000
 
2019
  
266,000
 
Thereafter
  
1,427,000
 
Total
 
$
3,244,000