NOTES PAYABLE (Tables)

9 Months Ended

Dec. 31, 2016

Debt Instrument [Line Items]

Schedule of Notes Payable

Notes payable consisted of the following:

	December 31, 2016					March 31, 2016
(In thousands)	Current Portion		Long Term Portion			Current Portion		Long Term Portion
2013 Term Loans	$	—	$	—		$	21,188	$	9,857
Prospect Loan	—		62,442			—		66,543
KBC Facilities	7,225		4,556			7,646		10,998
P2 Vendor Note	205		220			161		310
P2 Exhibitor Notes	84		44			79		107
Total non-recourse notes payable	7,514		67,262			29,074		87,815
Less: Unamortized debt issuance costs and debt discounts	—		(2,867		)	—		(4,577		)
Total non-recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	7,514	$	64,395		$	29,074	$	83,238
5.5% Convertible Notes Due 2035	$	—	$	60,571		$	—	$	64,000
Second Secured Lien Notes	—		5,596			—		—
Cinedigm Revolving Loans	—		19,599			—		21,927
2013 Notes	—		5,000			—		5,000
Total recourse notes payable	—		90,766			—		90,927
Less: Unamortized debt issuance costs and debt discounts	—		(6,248		)	—		(3,989		)
Total recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	—	$	84,518		$	—	$	86,938
Total notes payable, net of unamortized debt issuance costs	$	7,514	$	148,913		$	29,074	$	170,176

Schedule of Credit Facilities

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

						Outstanding Principal Balance
Facility1	Credit Facility		Interest Rate2		Maturity Date	December 31, 2016		March 31, 2016
1	$	22,336	3.75	%	September 2018	$	4,786	$	7,180
2	13,312		3.75	%	March 2018	1,481		4,034
3	11,425		3.75	%	March 2019	3,672		4,896
4	6,450		3.75	%	September 2018	1,842		2,534
	$	53,523				$	11,781	$	18,644

^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 December 31, 2016, plus the interest rate noted above.

Schedule of Assumptions for Fair Value of Warrant LIabilities

We allocated a fair value of $1.6 million to the 2013 Warrants

2013 Term Loans

Debt Instrument [Line Items]

Schedule of Debt Outstanding

The following table presents a summary of the 2013 Term Loans:

(In thousands)	December 31, 2016			March 31, 2016
2013 Term Loans, at issuance, net	$	125,087		$	125,087
Payments to date	(125,087		)	(94,043		)
Discount on 2013 Term Loans	—			(118		)
2013 Term Loans, net	—			30,926
Less current portion	—			(21,188		)
Total long term portion, net of discount	$	—		$	9,738

Prospect Loan

Debt Instrument [Line Items]

Schedule of Debt Outstanding

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

(In thousands)	December 31, 2016			March 31, 2016
Prospect Loan, at issuance	$	70,000		$	70,000
PIK Interest	4,778			4,778
Payments to date	(12,336		)	(8,235		)
Prospect Loan, net	62,442			66,543
Less current portion	—			—
Total long term portion	$	62,442		$	66,543