Assets Held for Sale

12 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Assets Held for Sale

Assets Held for SaleIn the fourth quarter of fiscal 2020 the Company moved its corporate headquarters from properties it owned outright in Greenville, SC to leased office space in downtown Greenville, SC. Under ASC 360-10, the properties met the criteria for

classification as held for sale as of March 31, 2020. In conjunction with the classification of the properties as held for sale, the Company recognized an impairment loss of approximately $251,000, which is included as a component of other expense in the Company's Consolidated Statements of Operations.

The following table reconciles the major classes of assets held for sale to the amounts presented in the Consolidated Balance Sheets:

	March 31, 2020
Assets held for sale:
Property and equipment, net	$	3,991,498
Total assets held for sale	$	3,991,498