PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Sep. 30, 2012

Property, Plant and Equipment [Abstract]

Property and equipment are comprised of the following:



	September 30, 2012		March 31, 2012
Cost
Vessels	$	255,264	$	238,830
Leasehold improvements	3,782		3,847
Furniture and equipment	339		335
Vehicles	23		21
Computer, communication equipment and purchased software	2,901		2,878
	$	262,309	$	245,911
Accumulated depreciation
Vessels	$	42,510	$	42,426
Leasehold improvements	1,266		1,034
Furniture and equipment	182		162
Vehicles	13		12
Computer, communication equipment and purchased software	1,589		1,415
	45,560		45,049
	$	216,749	$	200,862

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details