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Commitments and Contingencies
12 Months Ended
Mar. 31, 2012
Commitments and Contingencies [Abstract]  
COMMITMENTS AND CONTINGENCIES

3.   COMMITMENTS AND CONTINGENCIES

The Company is obligated under noncancelable operating leases for its Longview, Texas and Humble, Texas office buildings, which expire April 30, 2013 and December 31, 2016, respectively. The following is a schedule of future minimum annual rental payments for the next five years required under these operating leases as of March 31, 2012:

 

         

2013

  $ 67,920  

2014

    40,343  

2015

    37,836  

2016

    37,836  

2017

    28,377  
   

 

 

 

Total

  $ 212,312  
   

 

 

 

Rental expenses for leased properties were approximately $44,500 and $47,000 during fiscal 2012 and 2011, respectively.