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PROPERTY AND EQUIPMENT, NET (Tables)
12 Months Ended
Mar. 31, 2022
Property Plant And Equipment [Abstract]  
Property and Equipment

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

 

 

 

March 31, 2022

 

 

March 31, 2021

 

Land and land improvements

 

$

433

 

 

$

433

 

Buildings and building improvements

 

 

9,491

 

 

 

9,477

 

Furniture, fixtures and office equipment

 

 

7,650

 

 

 

7,372

 

Leasehold improvements

 

 

490

 

 

 

340

 

Equipment leased to customers

 

 

4,997

 

 

 

4,997

 

Plant equipment

 

 

11,130

 

 

 

12,451

 

Vehicles

 

 

796

 

 

 

—

 

Construction in progress

 

 

3

 

 

 

135

 

 

 

 

34,990

 

 

 

35,205

 

Less: accumulated depreciation and amortization

 

 

(23,524

)

 

 

(23,836

)

Net property and equipment

 

$

11,466

 

 

$

11,369

 

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

Vehicles

 

5-7 years