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Intangible Assets
12 Months Ended
Mar. 31, 2015
Intangible Assets [Abstract]  
Intangible Assets
4. Intangible Assets

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

    
2015
  
2014
 
  
Weighted
Average
Amortization
Period
  
Gross Carrying
Value
  
Accumulated
Amortization
  
Gross Carrying
Value
  
Accumulated
Amortization
 
Intangible assets subject to amortization
     
Trademarks
 
11 years
  
$
397,000
  
$
278,000
  
$
553,000
  
$
391,000
 
Customer relationships
 
12 years
   
6,211,000
   
3,756,000
   
6,464,000
   
3,393,000
 
Non-compete agreements
  
-
   
-
   
-
   
257,000
   
246,000
 
Total
     
$
6,608,000
  
$
4,034,000
  
$
7,274,000
  
$
4,030,000
 

Amortization expense for acquired intangible assets is as follows:

  
Years Ended March 31,
 
  
2015
  
2014
  
2013
 
       
Amortization expense
 
$
670,000
  
$
739,000
  
$
773,000
 

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

Year Ending March 31,
  
2016
 
$
349,000
 
2017
  
266,000
 
2018
  
266,000
 
2019
  
266,000
 
2020
  
266,000
 
Thereafter
  
1,161,000
 
Total
 
$
2,574,000