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NOTES PAYABLE (Tables)

3 Months Ended

Jun. 30, 2015

Debt Instrument [Line Items]

Schedule of Notes Payable

Notes payable consisted of the following:

		As of June 30, 2015								As of March 31, 2015
(In thousands)		Current Portion				Long Term Portion				Current Portion				Long Term Portion
2013 Term Loans, net of debt discount		$	24,750			$	29,089			$	25,125			$	36,418
Prospect Loan		—				67,449				—				67,967
KBC Facilities		7,649				17,451				7,649				19,361
P2 Vendor Note		133				375				125				393
P2 Exhibitor Notes		75				167				74				186
Total non-recourse notes payable		$	32,607			$	114,531			$	32,973			$	124,325
5.5% Senior Convertible Notes Due 2035		—				64,000				—				—
Cinedigm Term Loans		—				—				—				17,965
Cinedigm Revolving Loans		15,127				—				24,294				—
2013 Notes		—				3,857				—				3,785
Total recourse notes payable		$	15,127			$	67,857			$	24,294			$	21,750
Total notes payable		$	47,734			$	182,388			$	57,267			$	146,075

Schedule of Credit Facilities

The following table presents a summary of the KBC Facilities (dollar amounts in thousands):

												Outstanding Principal Balance
Facility1			Credit Facility				Interest Rate2			Maturity Date		As of June 30, 2015			As of March 31, 2015
1			22,336				3.75	%		September 2018		9,574			10,371
2			13,312				3.75	%		September 2018		6,181			6,656
3			11,425				3.75	%		March 2019		6,120			6,528
4			6,450				3.75	%		December 2018		3,225			3,455
			$	53,523								25,100			27,010

^1.  For each facility, principal is to be repaid in twenty-eight quarterly installments.

^2.  Each of the facilities bears interest at the three-month LIBOR rate, which was 0.28% at June 30, 2015, plus the interest rate noted above.

Schedule of Assumptions for Fair Value of Warrant LIabilities

Risk free interest rate		1.38	%
Dividend yield		—
Expected life (years)		5
Expected volatility		76.25	%

2013 Term Loans

Debt Instrument [Line Items]

Schedule of Debt Outstanding

The balance of the 2013 Term Loans, net of the original issue discount, was as follows:

(In thousands)		As of June 30, 2015				As of March 31, 2015
2013 Term Loans, at issuance, net		$	125,087			$	125,087
Payments to date		(71,070		)		(63,348		)
Discount on 2013 Term Loans		(178		)		(196		)
2013 Term Loans, net		53,839				61,543
Less current portion		(24,750		)		(25,125		)
Total long term portion		$	29,089			$	36,418

2013 Prospect Term Loan Agreement

Debt Instrument [Line Items]

Schedule of Debt Outstanding

(In thousands)		As of June 30, 2015				As of March 31, 2015
Prospect Loan, at issuance		$	70,000			$	70,000
PIK Interest		4,066				3,640
Payments to date		(6,617		)		(5,673		)
Prospect Loan, net		67,449				67,967
Less current portion		—				—
Total long term portion		$	67,449			$	67,967

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