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Lease Commitments (Tables)
9 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Elements of Lease Expense

The elements of lease expense were as follows:

 

 

 

Quarter ended

 

 

Nine months ended

 

 

 

December 31, 2019

 

 

December 31, 2019

 

Operating lease cost

 

$

950

 

 

$

2,760

 

Finance lease cost

 

 

 

 

 

 

 

 

Amortization of right-of-use asset

 

 

230

 

 

 

565

 

Interest on lease liabilities

 

 

29

 

 

 

84

 

Short-term lease cost

 

 

18

 

 

 

52

 

Total lease cost

 

$

1,227

 

 

$

3,461

 

Summary of Other Information Related to Leases

Other information related to leases was as follows:

 

 

 

Nine months ended

December 31, 2019

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

Operating leases - operating cash flows

 

$

2,270

 

Finance leases - finance cash flows

 

$

337

 

Finance leases - operating cash flows

 

$

84

 

Non-cash leases activity

 

 

 

 

Right-of-use assets obtained in exchange for new operating lease liabilities

 

$

5,160

 

Right-of-use assets obtained in exchange for new finance lease liabilities

 

$

487

 

 

 

 

As at

December 31, 2019

 

Weighted average remaining lease terms (in years)

 

 

 

 

Operating leases

 

30.2

 

Finance leases

 

2.2

 

Weighted average discount rate

 

 

 

 

Operating leases

 

 

10.1

%

Finance leases

 

 

5.8

%

Schedule of Future Lease Payments Required Under Non-Cancellable Operating Leases

Future lease payments required under non-cancellable operating leases in effect as of December 31, 2019 were as follows:

 

 

 

December 31,

2019

 

2020 (excluding the nine months ended December 31, 2019)

 

$

897

 

2021

 

 

3,441

 

2022

 

 

3,426

 

2023

 

 

3,159

 

2024

 

 

3,164

 

Thereafter

 

 

73,695

 

Total lease payments

 

$

87,782

 

Less : imputed interest

 

 

(63,486

)

Total operating lease liabilities

 

$

24,296

 

Schedule of Future Lease Payments Required Under Finance Leases

Future lease payments required under finance leases in effect as of December 31, 2019 were as follows:

 

 

 

December 31,

2019

 

2020 (excluding the nine months ended December 31, 2019)

 

$

179

 

2021

 

 

578

 

2022

 

 

690

 

2023

 

 

207

 

2024

 

 

3

 

  Thereafter

 

 

 

Total lease payments

 

$

1,657

 

Less : imputed interest

 

 

(185

)

Total finance lease liabilities

 

$

1,472

 

Schedule of Future Minimum Lease Payments Required Under Non-Cancellable Operating Leases Future minimum lease payments required under non-cancellable operating leases in effect as of March 31, 2019 were as follows:

 

 

 

March 31,

2019

 

2020

 

$

3,387

 

2021

 

 

1,861

 

2022

 

 

1,858

 

2023

 

 

1,830

 

2024

 

 

1,841

 

Thereafter

 

 

71,507

 

Total minimum future lease payments

 

$

82,284

 

 

Schedule of Future Minimum Lease Payments Required Under Finance Leases

Future annual lease payments required under finance leases in effect as of March 31, 2019 were as follows:

 

 

 

March 31,

2019

 

2020

 

 

471

 

2021

 

 

369

 

2022

 

 

306

 

2023

 

 

190

 

Thereafter

 

 

 

Total minimum future lease payments

 

$

1,336