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Capital Lease Obligations | 12 Months Ended
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Mar. 31, 2017
Capital Lease Obligations [Abstract] |
Capital Lease Obligations | 8. Capital Lease Obligations The Company leases various types of machinery and computer equipment under agreements accounted for as capital leases and included in plant and equipment as follows at March 31:
|  | 2017 |  |  | 2016 |
Cost |  | $ | 3,663,000 |  |  | $ | 2,764,000 |
Less: accumulated depreciation |  |  | (893,000 | ) |  |  | (370,000 | )
Total |  | $ | 2,770,000 |  |  | $ | 2,394,000 |
Future minimum lease payments for the capital leases are as follows:
Year Ending March 31, |  |  |
2018 |  | $ | 860,000 |
2019 |  |  | 823,000 |
2020 |  |  | 677,000 |
2021 |  |  | 275,000 |
2022 |  |  | 85,000 |
Total minimum lease payments |  |  | 2,720,000 |
Less amount representing interest |  |  | (208,000 | )
Present value of future minimum lease payments |  |  | 2,512,000 |
Less current portion of lease payments |  |  | (757,000 | )
Long-term portion of lease payments |  | $ | 1,755,000 |
The current portion of lease payments of $757,000 is included in other current liabilities and the long-term portion of lease payments of $1,755,000 is included in other liabilities in the accompanying consolidated balance sheet at March 31, 2017.

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- Definition The entire disclosure for capital leasing arrangements including, but not limited to, the following: a) the basis on which contingent rental payments are determined; (b) the existence and terms of renewal or purchase options and escalation clauses; (c) restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6452660&loc=d3e36991-112694 + Details
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