Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2016

Schedule of assets and liabilities measured at fair value on a recurring basis

The table below presents our assets and liabilities that are measured at fair value on a recurring basis at June 30, 2016 and are categorized using the fair value hierarchy (in thousands):


	Fair Value Measurements at June 30, 2016
			Quoted Prices in
			Active Markets for		Significant Other		Significant
			for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents	$	11,505	$	11,505	$	—	$	—
Restricted Cash	$	5,004	$	5,004	$	—	$	—

The table below presents our assets and liabilities that are measured at fair value on a recurring basis during the fiscal year ended March 31, 2016 and are categorized using the fair value hierarchy (in thousands):


	Fair Value Measurements at March 31, 2016
					Quoted Prices in
			Quoted Prices in		Active Markets for		Significant
			Active Markets for		for		Unobservable
			Identical Assets		Identical Assets		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents	$	3,002	$	3,002	$	—	$	—
Restricted Cash	$	5,002	$	5,002	$	—	$	—

Schedule of carrying values and estimated fair values of obligations under the revolving credit facility

The carrying values and estimated fair values of these obligations are as follows (in thousands):

As of

June 30, 2016

March 31, 2016

Carrying

Estimated

Carrying

Estimated

Value

Fair Value

Value

Fair Value

Obligations under the Credit Facility

6,077

9,459