NOTES PAYABLE (Tables)

12 Months Ended

Mar. 31, 2018

Notes payable consisted of the following:



	As of March 31, 2018						As of March 31, 2017
(In thousands)	Current Portion			Long Term Portion			Current Portion		Long Term Portion
Prospect Loan	$	—		$	39,710		$	—	$	54,656
KBC Facilities	154			—			5,744		2,890
P2 Vendor Note	336			—			227		181
P2 Exhibitor Notes	22			—			85		22
Total non-recourse notes payable	512			39,710			6,056		57,749
Less: Unamortized debt issuance costs and debt discounts	—			(2,140		)	—		(2,701		)
Total non-recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	512		$	37,570		$	6,056	$	55,048

Bison note payable	$	—		$	10,000		$	—	$	—
5.5% Convertible Notes Due 2035	—			—			—		50,571
Second Secured Lien Notes	—			10,560			—		9,165
Cinedigm Revolving Loans	—			—			19,599		—
Credit Facility	—			8,227			—		—
2013 Notes	5,000			—			—		5,000
Total recourse notes payable	$	5,000		$	28,787		$	19,599	$	64,736
Less: Unamortized debt issuance costs and debt discounts	(225		)	(3,352		)	—		(5,340		)
Total recourse notes payable, net of unamortized debt issuance costs and debt discounts	$	4,775		$	25,435		$	19,599	$	59,396
Total notes payable, net of unamortized debt issuance costs	$	5,287		$	63,005		$	25,655	$	114,444



						Outstanding Principal Balance
Facility¹	Credit Facility		Interest Rate²		Maturity Date	March 31, 2018		March 31, 2017
1	22,336		3.75	%	September 2018	$	—	$	3,758
3	11,425		3.75	%	March 2019	154		3,264
4	6,450		3.75	%	December 2018	—		1,612
	$	40,211				$	154	$	8,634


^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 2.32% at March 31, 2018, plus the interest rate noted above.

The aggregate principal repayments on our notes payable, including anticipated PIK interest, are scheduled to be as follows (dollars in thousands):

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