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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 1,036 $ 335
Accounts receivable, net 15,729 4,101
Income taxes receivable 46 46
Prepaid expenses and other current assets 6,696 6,209
Total current assets 23,507 10,691
PROPERTY AND EQUIPMENT, NET 222,838 214,046
OTHER ASSETS 29 41
DEFERRED DRYDOCK COSTS, NET 11,607 8,802
INTANGIBLE ASSETS, NET 4,647 4,827
GOODWILL 10,193 10,193
Total assets 272,821 248,600
CURRENT    
Accounts payable 11,841 9,070
Accrued liabilities 13,223 15,220
Other current liability 412 404
Current portion of long-term debt, net 143,756 119,702
Current portion of subordinated debt, net 85,632 80,577
Total current liabilities 254,864 224,973
LONG-TERM DEBT 0 0
SUBORDINATED DEBT, NET 0 0
DEFERRED INCOME TAXES, NET 4,283 4,367
Total liabilities 259,147 229,340
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $.0001 par value, Authorized 1,000,000 shares, Issued and outstanding 295,480 shares at June 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 June 30, 2017 and at March 31, 2017 (Note 18) 1 1
Additional paid-in capital 91,357 91,348
Accumulated deficit (81,991) (76,408)
Accumulated other comprehensive loss (10,367) (10,355)
Total stockholders’ equity 13,674 19,260
Total liabilities and stockholders’ equity $ 272,821 $ 248,600