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NOTES PAYABLE (Tables)
 12 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Notes Payable
Notes payable consisted of the following:
 
 
As of March 31, 2020
 
As of March 31, 2019
(In thousands)
 
Current Portion
 
Long Term Portion
 
Current Portion
 
Long Term Portion
Prospect Loan
 
$
12,205

 
$
—

 
$
—

 
$
20,627

Total non-recourse notes payable
 
12,205

 
—

 
—

 
20,627

Less: Unamortized debt issuance costs and debt discounts
 
(763
)
 
—

 
—

 
(1,495
)
Total non-recourse notes payable, net of unamortized debt issuance costs and debt discounts
 
$
11,442

 
$
—

 
$
—

 
$
19,132

 
 
 
 


 
 
 
 
Bison note payable
 
$
10,000

 
$
—

 
$
10,000

 
$
—

Second Secured Lien Notes
 
8,222

 
—

 
11,132

 
—

Credit Facility
 
14,487

 
—

 
18,623

 
—

Convertible Note
 
5,000

 
—

 
5,000

 
—

Total recourse notes payable
 
37,709

 
—

 
44,755

 
—

Less: Unamortized debt issuance costs and debt discounts
 
(460
)
 
—

 
(1,436
)
 

Total recourse notes payable, net of unamortized debt issuance costs and debt discounts
 
$
37,249

 
$
—

 
$
43,319

 
$
—

Total notes payable, net of unamortized debt issuance costs
 
$
48,691

 
$
—

 
$
43,319

 
$
19,132
Schedule of Debt Outstanding
The following table summarizes the activity related to the Prospect Loan:
 
 
As of March 31,
(In thousands)
 
2020
 
2019
Prospect Loan, at issuance
 
$
70,000

 
$
70,000

PIK Interest
 
4,778

 
4,778

Payments to date
 
(62,573
)
 
(54,151
)
Prospect Loan, net
 
$
12,205

 
$
20,627

Less current portion
 
(12,205
)
 
—

Total long-term portion
 
$
—

 
$
20,627
Schedule of Aggregate Principal Repayments of the Company's Notes Payable
The aggregate principal repayments on our notes payable, including anticipated PIK interest, are scheduled to be as follows (dollars in thousands):

Fiscal years ending March 31,
2021
 
$
48,691

2022
 
—

2023
 
—

2024
 
—

2025
 
—

Thereafter
 
—

 
 
$
48,691