NOTES PAYABLE (Tables)

6 Months Ended

Sep. 30, 2017

Notes payable consisted of the following:



	September 30, 2017					March 31, 2017
(In thousands)	Current Portion		Long Term Portion			Current Portion		Long Term Portion
Prospect Loan	—		44,058			—		54,656
KBC Facilities	3,454		816			5,744		2,890
P2 Vendor Note	293		75			227		181
P2 Exhibitor Notes	66		—			85		22
Total non-recourse notes payable	3,813		44,949			6,056		57,749
Less: Unamortized debt issuance costs and debt discounts	—		(2,430		)	—		(2,701		)
Total non-recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	3,813	$	42,519		$	6,056	$	55,048

5.5% Convertible Notes Due 2035	$	46,771	$	—		$	—	$	50,571
Second Secured Lien Notes	—		10,835			—		9,165
Cinedigm Revolving Loans	11,975		—			19,599		—
2013 Notes	—		5,000			—		5,000
Total recourse notes payable	58,746		15,835			19,599		64,736
Less: Unamortized debt issuance costs and debt discounts	—		(4,165		)	—		(5,340		)
Total recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	58,746	$	11,670		$	19,599	$	59,396
Total notes payable, net of unamortized debt issuance costs	$	62,559	$	54,189		$	25,655	$	114,444

The following table summarizes the activity related to the Prospect Loan:

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



						Outstanding Principal Balance
Facility¹	Credit Facility		Interest Rate²		Maturity Date	September 30, 2017		March 31, 2017
1	$	22,336	3.75	%	September 2018	$	671	$	3,758
3	11,425		3.75	%	March 2019	2,448		3,264
4	6,450		3.75	%	December 2018	1,151		1,612
	$	40,211				$	4,270	$	8,634


^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 1.00% at September 30, 2017, plus the interest rate noted above.