XML 50 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Capital Lease Capital Lease Assets (Tables)
12 Months Ended
Mar. 31, 2018
Capital Leased Assets [Line Items]  
Assets under capital lease
On April 3, 2017, in connection with the purchase of Lexington Homes, the Company recorded capital leases covering the manufacturing facilities and land in Lexington, Mississippi. The following amounts were recorded for the leased assets as of March 31, 2018 (in thousands):
 
March 31,
2018
Land
$
699

Buildings and improvements
1,050

 
1,749

Accumulated amortization
(35
)
Leased assets, net
$
1,714

Future minimum lease payments
The future minimum payments under the leases as of March 31, 2018 are as follows (in thousands):
FY 2019
$
136

FY 2020
766

FY 2021
73

FY 2022
73

FY 2023
73

Thereafter
196

Total remaining lease payments
$
1,317

Less: Amount representing interest
(162
)
Present value of future minimum lease payments
$
1,155