COMMITMENTS (Tables)

3 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Schedule of operating lease rental and sublease rental payments

Operating lease rental and sublease rental payments included in general and administrative expenses are as follows:

	Three months ended June 30, 2012		Three months ended June 30, 2011
Operating leases	$	104	$	81
Operating sublease	38		37
	$	142	$	118

Schedule of future minimum rental commitments

The Company’s future minimum rental commitments under other operating leases are as follows.

Twelve month period ending:

June 30, 2013	$	360
June 30, 2014	282
June 30, 2015	214
June 30, 2016	150
June 30, 2017	133
Thereafter	113
	$	1,252

Schedule of charter commitments

Twelve month period ending:

June 30, 2013	$	747
June 30, 2014	747
June 30, 2015	747
June 30, 2016	747
June 30, 2017	747
Thereafter	1,245
	$	4,980