Property and Equipment (Tables)

12 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property and equipment

Property and equipment were comprised of the following (dollars in thousands):

	March 31, 2017			March 31, 2016
Land and land improvements	$	424		$	421
Buildings and building improvements	9,245			11,849
Furniture, fixtures and office equipment	7,056			7,233
Leasehold improvements	324			148
Equipment leased to customers under Power Purchase Agreements	4,997			4,997
Plant equipment	11,627			10,805
Construction in progress	61			128
	33,734			35,581
Less: accumulated depreciation and amortization	(19,948		)	(18,577		)
Net property and equipment	$	13,786		$	17,004

Depreciable lives by asset category are as follows:

Land improvements	10-15 years
Buildings and building improvements	10-39 years
Furniture, fixtures and office equipment	2-10 years
Leasehold improvements	Shorter of asset life or life of lease
Equipment leased to customers under Power Purchase Agreements	20 years
Plant equipment	3-10 years

Equipment under capital leases

Equipment included above under capital leases was as follows (dollars in thousands):

	March 31, 2017			March 31, 2016
Equipment	$	581		408
Less: accumulated depreciation and amortization	(202		)	(65		)
Net equipment	$	379		$	343