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Deferred Charges
12 Months Ended
Mar. 31, 2014
Deferred Charges  
Deferred Charges

6. Deferred Charges

 
  As at March 31,  
 
  2014   2013  

Deferred charges—cost, beginning of the year

  $ 25,377   $ 23,566  

Additions

    11,696     3,248  

Write-offs due to extinguishment of debt

    (16,995 )    

Write-offs due to amendment and restatement of revolving credit facility

        (1,437 )
           

Deferred charges—cost, end of the year

    20,078     25,377  

Accumulated amortization, beginning of the year

   
(10,957

)
 
(8,384

)

Amortization during the year

    (3,354 )   (3,411 )

Write-offs due to extinguishment of debt

    8,873      

Write-offs due to amendment and restatement of revolving credit facility

        838  
           

Accumulated amortization, end of the year

    (5,438 )   (10,957 )
           

Net book value

  $ 14,640   $ 14,420  
           
           

Life in years

    3 - 5     1 - 5  

        The following table presents the amortization recognized as interest expense during each period reported:

Amortization expense by period:

       

March 31, 2014

  $ 3,354  

March 31, 2013

    3,411  

March 31, 2012

    3,942