ACCRUED LIABILITIES

3 Months Ended

Jun. 30, 2012

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities are comprised of the following:

	June 30, 2012		March 31, 2012
Deferred financing and other transaction costs	$	28	$	105
Payroll compensation and benefits	2,189		1,015
Preferred stock dividends	11,041		10,283
Professional fees	478		650
Interest	783		926
Winter work, deferred drydock expenditures and capital expenditures	301		1,859
Capital and franchise taxes	259		252
Other	2,732		3,085
	$	17,811	$	18,175