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ACCRUED LIABILITIES (Tables)
6 Months Ended
Sep. 30, 2012
Payables and Accruals [Abstract]  
Components of 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