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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Mar. 31, 2017
CURRENT    
Cash and cash equivalents $ 2,034 $ 335
Accounts receivable, net 16,747 4,101
Income taxes receivable 46 46
Prepaid expenses and other current assets 6,718 6,209
Total current assets 25,545 10,691
PROPERTY AND EQUIPMENT, NET 223,245 214,046
OTHER ASSETS 18 41
DEFERRED DRYDOCK COSTS, NET 12,217 8,802
INTANGIBLE ASSETS, NET 4,500 4,827
GOODWILL 10,193 10,193
Total assets 275,718 248,600
CURRENT    
Accounts payable 7,646 9,070
Accrued liabilities 11,802 15,220
Other current liability 424 404
Income taxes payable 115 0
Long-term debt, net, classified as current 149,828 119,702
Subordinated debt, net, classified as current 86,288 80,577
Total current liabilities 256,103 224,973
DEFERRED INCOME TAXES, NET 4,286 4,367
Total liabilities 260,389 229,340
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $.0001 par value, Authorized 1,000,000 shares, Issued and outstanding 295,480 shares at September 30, 2017 and at March 31, 2017 (Note 18) 14,674 14,674
Common stock, $.0001 par value, Authorized 50,000,000 shares, Issued and outstanding 18,633,149 shares at September 30, 2017 and at March 31, 2017 (Note 18) 1 1
Additional paid-in capital 91,365 91,348
Accumulated deficit (80,689) (76,408)
Accumulated other comprehensive loss (10,022) (10,355)
Total stockholders’ equity 15,329 19,260
Total liabilities and stockholders’ equity $ 275,718 $ 248,600