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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