XML 73 R19.htm IDEA: XBRL DOCUMENT

(12) Leases

12 Months Ended

Mar. 31, 2013

(12)

Leases

The Company has several non-cancelable operating leases, primarily for property, that expire through November 2016. Rent expense for the years ended March 31, 2013 and 2012 amounted to approximately $1,751,000 and $1,570,000, respectively. Future non-cancelable minimum lease payments under all of the leases as of March 31, 2013 are as follows:

Year ending March 31,

2014	$	1,905,000
2015		1,948,000
2016		692,000
2017		107,000
2018		—
Thereafter		—
	$	4,652,000

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References+ Details