Intangible Assets

3 Months Ended

Jun. 30, 2014

3. Intangible Assets

The following is a summary of the intangible assets subject to amortization at June 30, 2014 and March 31, 2014:

		June 30, 2014				March 31, 2014
	Weighted Average Amortization Period	Gross Carrying Value		Accumulated Amortization		Gross Carrying Value		Accumulated Amortization
Intangible assets subject to amortization
Trademarks	9 years	$	553,000	$	402,000	$	553,000	$	391,000
Customer relationships	12 years		6,464,000		3,554,000		6,464,000		3,393,000
Non-compete agreements	5 years		257,000		254,000		257,000		246,000
Total	11 years	$	7,274,000	$	4,210,000	$	7,274,000	$	4,030,000

Amortization expense for acquired intangible assets is as follows:

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