ACCRUED LIABILITIES

6 Months Ended

Sep. 30, 2012

Payables and Accruals [Abstract]

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities are comprised of the following:

	September 30, 2012		March 31, 2012
Deferred financing and other transaction costs	$	38	$	105
Payroll compensation and benefits	2,967		1,015
Preferred stock dividends	11,823		10,283
Professional fees	548		650
Interest	925		926
Winter work, deferred drydock expenditures and capital expenditures	860		1,859
Capital and franchise taxes	30		252
Other	2,758		3,085
	$	19,949	$	18,175