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Long-Term Liabilities | 6 Months Ended
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Sep. 30, 2019
Debt Disclosure [Abstract] |
Long-Term Liabilities | Note 12 — Long-Term Liabilities During the quarter ended September 30, 2019, Slacker entered into three amendments to existing agreements with certain licensors of music content (the "Music Partners") which own and license rights to Slacker to certain sound recordings. Pursuant to these amendments, payment terms on $10.0 million of outstanding balances to the Music Partners were extended over periods between 11 and 24 months. Of the $10.0 million due, $6.1 million is recorded as current liabilities and $3.9 million is recorded as other long-term liabilities. In addition, the Company issued one of the Music Partners $0.4 million in restricted shares of the Company's common stock, at a price of approximately $4.51 per share, as full payment of certain amounts due under such agreement. The Company evaluated these agreements and the two of the amendments were required to be accounted for as a modification under ASC 470-50 Debt – Modifications and Extinguishment, and one of the agreements was required to be accounted for as troubled debt restructuring under ASC 470-60, Troubled Debt Restructurings by Debtors. There were no material adjustments required as a result.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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