COMMITMENTS

The Company did not have any leases which met the criteria of a capital lease as of December 31, 2015. Leases which do not qualify as capital leases are classified as operating leases. Operating lease rental and sublease rental payments included in general and administrative expenses are as follows:



	Three months ended December 31, 2015		Three months ended December 31, 2014		Nine months ended December 31, 2015		Nine months ended December 31, 2014

Operating leases	$	141	$	150	$	410	$	445
Operating sublease	41		41		124		121
	$	182	$	191	$	534	$	566

The Company’s future minimum rental commitments under other operating leases are as follows.

Twelve month period ending:



December 31, 2016	$	456
December 31, 2017	406
December 31, 2018	352
December 31, 2019	265
December 31, 2020	167
Thereafter	178
	$	1,824

The Company was a party to a bareboat charter agreement for the McKee Sons barge that was to expire in December 2018. On December 22, 2014, the Company terminated this bareboat charter agreement. The costs associated with such termination, including write-off of net book value of leasehold improvements and vessel delivery cost, were $2,660.

As of December 31, 2015, the Company had signed contractual commitments with several suppliers totaling $3,434 ($19,707 as of March 31, 2015) in connection with capital expenditures and dry-dock projects due in less than one year.