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SUBORDINATED DEBT (Tables)
9 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of long-term debt instruments
 
 
December 31, 2016
 
March 31, 2016
a)
Canadian Revolving Facility bearing interest at BA rate or at Borrower's option Canadian Prime rate, if funded in Canadian dollar or at BA rate or LIBOR rate, if funded in U.S. Dollar at the applicable margin as discussed below. The amount outstanding is due at contractual maturity date of September 30, 2019.
43,569

 
43,120

 
 
 
 
 
b)
U. S. Revolving Facility bearing interest at US Base Rate or at Borrower's option LIBOR at the applicable margin as discussed below. The amount outstanding is due at contractual maturity date of September 30, 2019.
72,200

 
71,400

 
 
$
115,769

 
$
114,520

 
Less unamortized debt issuance costs
(1,631
)
 
(2,094
)
 
 
114,138

 
112,426

 
Less amounts due within 12 months
—

 
—

 
 
$
114,138

 
$
112,426


 
 
December 31, 2016
 
March 31, 2016
a)
U.S. Dollar denominated term loan (Second Lien CDN Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.
$
40,625

 
$
39,826

 
 
 
 
 
b)
U.S. Dollar denominated term loan (Second Lien U.S. Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.
39,069

 
38,300

 
 
79,694

 
78,126

 
Less unamortized debt issuance costs
(1,787
)
 
(2,809
)
 
 
77,907

 
75,317

 
Less amounts due within 12 months
—

 
—

 
 
$
77,907

 
$
75,317