Other Current Assets

3 Months Ended

Jun. 30, 2013

Other Current Assets

Other Current Assets

Note 4 — Other Current Assets

As of June 30, 2013 and March 31, 2013, our other current assets related to items such as insurance premiums, service contracts, rental agreements, property deposits and various other operating pre-payments.  Also included in other current assets at June 30, 2013 is $0.2 million of net deferred financing fees incurred in connection with the Karlsson Note restructurings expected to be expensed over the next 12 months.

	June 30, 2013 (thousands)		March 31, 2013 (thousands)
	(unaudited)
Prepaid insurance & rent	$	190	$	276
Land purchase option	500		500
Net deferred financing fees*	170		—
Other	206		389
Total other current assets	$	1,066	$	1,165

* Comprised of total deferred financing fees of $0.3 million less amounts amortized of $22,000 less the non-current portion of deferred financing fees of $0.1 million.