Rand Logistics (RLOG) 10-K 11 Jun 15 2015 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Mar. 31, 2015	Jun. 10, 2015	Sep. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	Rand Logistics, Inc.
Entity Central Index Key	1294250
Trading Symbol	rlog
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	-28
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		18,035,427
Document Type	10-K
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Entity Public Float			$82,645,132.20

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Mar. 31, 2014
In Thousands, unless otherwise specified
CURRENT ASSETS
Cash and cash equivalents	$3,298	$2,602
Accounts receivable, net (Note 4)	2,764	2,629
Income Taxes Receivable, Current	91	96
Loan to employee	0	250
Prepaid expenses and other current assets (Notes 5 and 8)	5,957	7,344
Deferred income taxes (Note 6)	347	121
Total current assets	12,457	13,042
PROPERTY AND EQUIPMENT, NET (Note 7)	206,276	215,487
OTHER ASSETS (Note 8)	569	730
DEFERRED DRYDOCK COSTS, NET (Note 9)	7,590	9,321
INTANGIBLE ASSETS, NET (Note 10)	13,205	16,233
GOODWILL (Note 10)	10,193	10,193
Total assets	250,290	265,006
CURRENT
Accounts payable	15,350	11,792
Accrued liabilities (Note 13)	7,628	7,956
Customer Deposits, Current	166	0
Income taxes payable	0	100
Deferred income taxes (Note 6)	0	35
Current portion of deferred payment liability	536	499
Current portion of long-term debt (Note 14)	0	787
Total current liabilities	23,680	21,169
LONG-TERM PORTION OF DEFERRED PAYMENT LIABILITY	564	1,100
LONG-TERM DEBT, NET OF CURRENT PORTION (Note 14)	101,213	104,103
SUBORDINATED DEBT (Note 15)	72,500	72,500
OTHER LIABILITIES	479	253
DEFERRED INCOME TAXES (Note 6)	5,607	5,134
Total liabilities	204,043	204,259
COMMITMENTS AND CONTINGENCIES (Notes 16 and 17)
STOCKHOLDERS' EQUITY
Preferred stock, $.0001 par value, Authorized 1,000,000 shares, Issued and outstanding 300,000 shares (Note 18)	14,900	14,900
Common stock, $.0001 par value Authorized 50,000,000 shares, Issuable and outstanding 18,035,427 shares at March 31, 2015 and 17,933,859 shares at March 31, 2014 (Note 18)	1	1
Additional paid-in capital	90,130	89,486
Accumulated deficit	-50,972	-40,277
Accumulated other comprehensive loss	-7,812	-3,363
Total stockholders’ equity	46,247	60,747
Total liabilities and stockholders’ equity	$250,290	$265,006

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parentheticals) (USD $)	Mar. 31, 2015	Mar. 31, 2014
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	18,035,427	17,933,859
Common stock, shares outstanding	18,035,427	17,933,859
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	300,000	300,000
Preferred stock, shares outstanding	300,000	300,000

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
REVENUE
Freight and related revenue	$129,107	$128,145	$117,797
Fuel and other surcharges	22,110	26,475	37,404
Outside voyage charter revenue	1,743	1,184	1,437
TOTAL REVENUE	152,960	155,804	156,638
EXPENSES
Outside voyage charter fees (Note 19)	1,711	1,086	1,447
Vessel operating expenses	97,821	102,804	104,896
Repairs and maintenance	6,463	7,191	8,350
General and administrative	13,275	12,159	13,477
Depreciation	18,292	16,994	15,373
Amortization of drydock costs	3,343	3,290	3,497
Amortization of intangibles	1,198	1,263	1,310
Loss on foreign exchange, net	873	68	186
Gain (Loss) on Contract Termination	2,660	0	0
Total Operating Expenses	145,636	144,855	148,536
OPERATING INCOME	7,324	10,949	8,102
OTHER (INCOME) AND EXPENSES
Interest expense (Note 20)	14,007	9,373	10,171
Interest income	-18	-7	-9
Gain on interest rate swap contracts (Note 22)	0	0	-1,087
Loss on extinguishment of debt (Note 14)	2,331	1,267	3,339
TOTAL OTHER (INCOME) AND EXPENSES	16,320	10,633	12,414
(LOSS) INCOME BEFORE INCOME TAXES	-8,996	316	-4,312
PROVISION (BENEFIT) FOR INCOME TAXES (Note 6)
Current	7	117	-134
Deferred	417	4,706	-359
TOTAL PROVISION FOR INCOME TAXES	424	4,823	-493
NET LOSS BEFORE PREFERRED STOCK DIVIDENDS	-9,420	-4,507	-3,819
PREFERRED STOCK DIVIDENDS	1,168	3,429	3,173
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS	($10,588)	($7,936)	($6,992)
Earnings Per Share, Basic and Diluted	($0.59)	($0.44)	($0.39)
Net income per share diluted (Note 23)	($0.59)	($0.44)	($0.39)
Weighted average shares basic	17,847,939	17,912,647	17,740,372
Weighted average shares diluted (in shares)	20,325,074	20,217,804	20,172,616
Weighted Average Number of Shares Outstanding, Basic and Diluted	17,847,939	17,912,647	17,740,372

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]
NET INCOME BEFORE PREFERRED STOCK DIVIDENDS	($9,420)	($4,507)	($3,819)
Change in foreign currency translation adjustment	-4,449	-4,144	-1,159
COMPREHENSIVE LOSS BEFORE PREFERRED STOCK DIVIDENDS	($13,869)	($8,651)	($4,978)

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (USD $)	Total	Common Stock	Preferred Stock	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive (Loss) Income
In Thousands, except Share data, unless otherwise specified
Balances at Mar. 31, 2012	$79,345	$1	$14,900	$87,853	($25,349)	$1,940
Balances (in shares) at Mar. 31, 2012		17,676,278	300,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	-3,819				-3,819
Preferred stock dividends	-3,173				-3,173
Stock issued in lieu of cash compensation (Note 18) (in shares)		94,993	0
Stock issued in lieu of cash compensation (Note 18)	559			559	0
Restricted stock issued (Note 18) (in shares)		-78,141	0
Restricted stock issued (Note 18)	590	0	0	590	0	0
Unrestricted stock issued (Note 18) (in shares)		-10,854	0
Unrestricted stock issued (Note 18)	75	0	0	75	0	0
Translation adjustment	-1,159					-1,159
Balances at Mar. 31, 2013	72,418	1	14,900	89,077	-32,341	781
Balances (in shares) at Mar. 31, 2013		17,860,266	300,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	-4,507				-4,507
Preferred stock dividends	-3,429				-3,429
Restricted stock issued (Note 18) (in shares)		-54,337	0
Restricted stock issued (Note 18)	301	0	0	301	0	0
Unrestricted stock issued (Note 18) (in shares)		-19,256	0
Unrestricted stock issued (Note 18)	108	0	0	108	0	0
Translation adjustment	-4,144					-4,144
Balances at Mar. 31, 2014	60,747	1	14,900	89,486	-40,277	-3,363
Balances (in shares) at Mar. 31, 2014		17,933,859	300,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	-9,420				-9,420
Preferred stock dividends	-1,168				-1,168	0
Restricted stock issued (Note 18) (in shares)		-103,315	0
Restricted stock issued (Note 18)	610	0	0	610	0	0
Unrestricted stock issued (Note 18) (in shares)		-26,067	0
Unrestricted stock issued (Note 18)	114	0	0	114	0	0
Stock Repurchased and Retired During Period, Shares		-38,373	0
Stock Repurchased and Retired During Period, Value	-250	0	0	-143	-107	0
Adjustments to Additional Paid in Capital, Share-based Compensation, Restricted Stock Unit or Restricted Stock Award, Requisite Service Period Recognition	63	0	0	63	0	0
Stock Issued During Period, Shares, Conversion of Convertible Securities		10,559
Translation adjustment	-4,449					-4,449
Balances at Mar. 31, 2015	$46,247	$1	$14,900	$90,130	($50,972)	($7,812)
Balances (in shares) at Mar. 31, 2015		18,035,427	300,000

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	($9,420)	($4,507)	($3,819)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization of drydock costs	21,635	20,284	18,870
Amortization of intangibles and deferred financing costs	2,503	1,847	2,124
Deferred income taxes	417	4,706	-359
Gain on interest rate swap contracts	0	0	-1,087
Payments of Debt Extinguishment Costs	2,298	1,267	3,339
Gain (Loss) on Contract Termination - Cash Portion	1,489	0	0
Equity compensation granted	787	409	1,224
Foreign Currency Transaction Gain (Loss), Unrealized	4,512	0	0
Deferred drydock costs paid	-2,331	-3,700	-3,782
Changes in operating assets and liabilities:
Accounts receivable	-135	2,857	-143
Prepaid expenses and other current assets	1,387	498	-1,332
Accounts payable and accrued liabilities	3,246	-12,942	5,258
Other assets and liabilities, net	803	320	489
Income taxes payable (net)	-95	117	-189
Net Cash Provided by (Used in) Operating Activities, Total	27,096	11,156	20,593
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	-23,839	-9,480	-39,091
Purchase of vessel	0	-7,635	0
Net Cash Provided by (Used in) Investing Activities, Total	-23,839	-17,115	-39,091
CASH FLOWS FROM FINANCING ACTIVITIES
Deferred payment liability obligation	-499	-463	-431
Proceeds from long-term debt	101,444	177,500	15,298
Payments for Repurchase of Common Stock	-250	0	0
Long-term debt repayment	-98,826	-139,369	-4,614
Debt financing cost	-2,994	-6,807	-2,207
Proceeds from bank indebtedness	19,767	21,724	24,270
Repayment of bank indebtedness	-19,538	-27,413	-18,275
Payment of preferred stock dividend	-581	-16,885	0
Net Cash Provided by (Used in) Financing Activities, Total	-1,477	8,287	14,041
EFFECT OF FOREIGN EXCHANGE RATES ON CASH	-1,084	-574	-258
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	696	1,754	-4,715
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	2,602	848	5,563
CASH AND CASH EQUIVALENTS, END OF PERIOD	3,298	2,602	848
SUPPLEMENTAL CASH FLOW DISCLOSURE
Payments for interest, net of amount capitalized	10,964	8,832	10,010
Unpaid purchases of property and equipment	8,720	9,081	4,931
Unpaid purchases of deferred drydock cost	554	646	2,196
Payment of income taxes	$100	$0	$34

DESCRIPTION_OF_BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	DESCRIPTION OF BUSINESS
	Rand Logistics, Inc. (the “Company”) is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. Rand Acquisition Corporation was incorporated in Delaware on June 2, 2004 as a blank check company whose objective was to acquire an operating business. On March 3, 2006, the Company, through its wholly-owned subsidiary, LL Acquisition Corp., acquired all of the outstanding shares of capital stock of Lower Lakes Towing Ltd. (“Lower Lakes Towing”) from the shareholders of Lower Lakes Towing, in accordance with the terms of the Stock Purchase Agreement, dated September 2, 2005, by and among the Company, LL Acquisition Corp. and the stockholders of Lower Lakes Towing, as amended. Immediately following completion of the acquisition, and in conjunction therewith, LL Acquisition Corp. and Lower Lakes Towing were amalgamated under Canadian law and the shares of capital stock of Grand River Navigation Company, Inc. (“Grand River”) and Lower Lakes Transportation Company (“Lower Lakes Transportation”) owned by Lower Lakes Towing at the time of the amalgamation were transferred to the Company's wholly-owned subsidiary, Rand LL Holdings Corp. (“Rand LL Holdings”). Upon completion of such transfer, the outstanding shares of Grand River not owned by Rand LL Holdings were redeemed in accordance with the terms of the Redemption Agreement, dated September 2, 2005, between Grand River and GR Holdings, Inc. Following completion of the foregoing transactions, as of March 3, 2006, each of Lower Lakes Towing, Grand River and Lower Lakes Transportation became indirect, wholly-owned subsidiaries of the Company. In conjunction with the foregoing transactions, as of March 3, 2006, the Company, formerly known as Rand Acquisition Corporation, changed its name to Rand Logistics, Inc.
	On February 4, 2011, Black Creek Shipping Company, Inc. (“Black Creek”), an indirect wholly-owned subsidiary of the Company, and Black Creek Shipping Holding Company, Inc. (“Black Creek Holdings”), a wholly-owned subsidiary of the Company and the parent corporation of Black Creek, were incorporated to acquire certain assets.
	On December 27, 2012, Lower Lakes Ship Repair Company Ltd. ("Lower Lakes Ship Repair"), a wholly-owned subsidiary of Lower Lakes Towing was incorporated under the laws of Canada. This subsidiary provides ship repair services exclusively for the Company.
	On March 11, 2014, Lower Lakes Towing (17) Ltd. ("Lower Lakes (17)"), a wholly-owned subsidiary of Lower Lakes Towing, was incorporated under the laws of Canada.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES
	Basis of presentation and consolidation
	The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America and include the accounts of Rand Finance Corp. (“Rand Finance”), Rand LL Holdings and Black Creek Holdings, wholly-owned subsidiaries of the Company, the accounts of Lower Lakes Towing, Lower Lakes Transportation and Grand River , each of which is a wholly-owned subsidiary of Rand LL Holdings, Black Creek , which is a wholly-owned subsidiary of Black Creek Holdings, and Lower Lakes Ship Repair and Lower Lakes (17), each of which is a wholly-owned subsidiary of Lower Lakes Towing.
	The consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated.
	Cash and cash equivalents
	The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
	2	SIGNIFICANT ACCOUNTING POLICIES (continued)
	Accounts receivable and concentration of credit risk
	The majority of the Company’s accounts receivable are amounts due from customers and other accounts receivable, including insurance and Harmonized Sales Tax refunds.  The majority of accounts receivable are due within 30 to 60 days and are stated at amounts due from customers net of an allowance for doubtful accounts. The Company extends credit to its customers based upon its assessment of their creditworthiness and past payment history. Accounts outstanding longer than the contractual payment terms are considered past due.
	Revenue and operating expenses recognition
	The Company generates revenues from freight billings under contracts of affreightment (voyage charters) generally on a rate per ton basis based on origin-destination and cargo carried. Voyage revenue is recognized ratably over the duration of a voyage, which average from 2 to 3 days, based on the relative transit time in each reporting period when the following conditions are met: the Company has a signed contract of affreightment, the contract price is fixed or determinable and collection is reasonably assured.  Included in freight billings are other fees such as fuel surcharges and other freight surcharges, which represent pass-through charges to customers for toll fees, lockage fees and ice breaking fees paid to other parties.  Fuel surcharges are recognized ratably over the duration of the voyage, while freight surcharges are recognized when the associated costs are incurred. Freight surcharges are less than 5% of total revenue.
	Marine operating expenses such as crewing costs, fuel, tugs and insurance are recognized as incurred or consumed and thereby are recognized ratably in each reporting period. Repairs and maintenance and certain other insignificant costs are recognized as incurred.
	The Company subcontracts excess customer demand to other freight providers.  Service to customers under such arrangements is transparent to the customer and no additional services are provided to customers.  Consequently, revenues recognized for customers serviced by freight subcontractors are recognized on the same basis as described above.  Costs for subcontracted freight providers, presented as “outside voyage charter fees” in the consolidated statements of operations, are recognized as incurred and therefore are recognized ratably over the voyage.
	The Company accounts for sales taxes imposed on its services on a net basis in the consolidated statements of operations.
	In addition, all revenues are presented on a gross basis.
	Vessel acquisitions
	Vessels are stated at cost, which consists of the purchase price and any material expenses incurred upon acquisition, such as initial repairs, improvements, delivery expenses and other expenditures to prepare the vessel for its initial voyage. Subsequent expenditures for conversions and major improvements are also capitalized when they appreciably extend the life, increase the earnings capacity or improve the efficiency or safety of the vessels. Significant financing costs incurred during the construction period of the vessels are also capitalized and included in the vessels' cost.
	Fuel and lubricant inventories
	Raw materials, fuel and certain operating supplies are accounted for on a first-in, first-out cost method (based on monthly averages). Raw materials and fuel are stated at the lower of actual cost (first-in, first-out method) or market and are included in prepaid expenses and other current assets in the accompanying consolidated balance sheets. Operating supplies are stated at actual cost or average cost.
	2	SIGNIFICANT ACCOUNTING POLICIES (continued)
	Intangible assets and goodwill
	Intangible assets consist primarily of goodwill, deferred financing costs, trademarks, trade names and customer relationships and contracts. Intangible assets are amortized as follows:
	Trademarks and trade names	10 years straight-line
	Customer relationships and contracts	15 years straight-line
	Deferred financing costs are amortized on a straight-line basis over the term of the related debt, which approximates the effective interest method.
	Property and equipment
	Property and equipment are recorded at cost.  Depreciation methods for property and equipment are as follows:
	Vessels	5 - 25 years straight-line
	Leasehold improvements	7 - 11 years straight-line
	Vehicles	20% declining-balance
	Furniture and equipment	20% declining-balance
	Computer equipment	45% declining-balance
	Communication equipment	20% declining-balance
	Impairment of fixed assets and finite-lived intangible assets
	Fixed assets (e.g. property and equipment) and finite-lived intangible assets (e.g. customer lists) are tested for impairment upon the occurrence of a triggering event that indicates the carrying value of such an asset or asset group (e.g. tugs and barges), might be no longer recoverable. Examples of such triggering events include a significant disposal of a portion of such assets, an adverse change in the market involving the business employing the related asset(s), a significant decrease in the benefits realized from an acquired business, difficulties or delays in integrating the business, and a significant change in the operations of an acquired business.
	Once a triggering event has occurred, the recoverability test employed is based on whether the intent is to hold the asset(s) for continued use or to hold the asset(s) for sale. If the intent is to hold the asset(s) or group of asset(s) for continued use, the recoverability test involves a comparison of undiscounted cash flows excluding interest expense but including any proceeds from eventual disposition, against the carrying value of the asset(s) as an initial test. If the carrying value of such asset(s) exceeds the undiscounted cash flow, the asset(s) would be deemed to be impaired. Impairment would then be measured as the difference between the fair value of the fixed or amortizing intangible asset and the carrying value of such asset(s). The Company generally determines fair value by using the discounted cash flow method. If the intent is to hold the asset(s) for sale and certain other criteria are met (i.e. the asset(s) can be disposed of currently, appropriate levels of authority have approved the sale and there is an actively pursuing buyer), the impairment test is a comparison of the asset’s carrying value to its fair value less costs to sell. To the extent that the carrying value is greater than the asset’s fair value less costs to sell, an impairment loss is recognized for the difference. The Company has determined that there were no adverse changes in our markets or other triggering events that could affect the valuation of our assets during the twelve month period ended March 31, 2015.
	2	SIGNIFICANT ACCOUNTING POLICIES (continued)
	Impairment of goodwill
	The Company annually reviews the carrying value of goodwill residing in its reporting units, to determine whether impairment may exist. Accounting Standards Codification (“ASC”) 350 “Intangibles-Goodwill and Other” and Accounting Standards Update (“ASU”) 2011-08 Intangibles—Goodwill and Other (Topic 350) - Testing Goodwill for Impairment requires that goodwill and certain indefinite-lived intangible assets be assessed annually for impairment using fair value measurement techniques. Specifically, goodwill impairment is determined using a three-step process. The first step of the goodwill impairment test is to perform a qualitative assessment before calculating the fair value of the reporting unit when testing goodwill for impairment. If the fair value of the reporting unit is determined, based on qualitative factors, to be more likely than not less than the carrying amount of the reporting unit, then entities are required to perform the two-step goodwill impairment test. The second step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The estimates of fair value of the Company’s two reporting units, which are the Company’s Canadian and U.S. operations (excluding the parent), are determined using various valuation techniques with the primary techniques being a discounted cash flow analysis and peer analysis. A discounted cash flow analysis requires various judgmental assumptions, including assumptions about future cash flows, growth rates, and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s forecast and long-term estimates. Discount rate assumptions are based on an assessment of the risk inherent in the respective reporting units. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired and the third step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the third step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The third step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of the existing assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price paid to acquire the reporting unit.  As of March 31, 2015, the Company conducted the qualitative assessment and determined that the fair value of its two reporting units exceeded their carrying amounts and the remaining two-step impairment testing was therefore not necessary.  The Company has determined that there were no adverse changes in our markets or other triggering events that indicated that it is more likely than not that the fair value of our reporting units was less than the carrying value of our reporting units during the twelve month period ended March 31, 2015.
	Drydock costs
	Drydock costs incurred during statutory Canadian and United States certification processes are capitalized and amortized on a straight-line basis over the benefit period, which is generally 60 months. Drydock costs include costs of work performed by third party shipyards and subcontractors and other direct expenses to complete the mandatory certification process.
	Repairs and maintenance
	The Company’s vessels require repairs and maintenance each year to ensure the fleet is operating efficiently during the shipping season.  The majority of repairs and maintenance are completed in January, February, and March of each year when the vessels are inactive.  The Company expenses such routine repairs and maintenance costs as incurred.  Significant repairs to the Company’s vessels, such as major engine overhauls and major hull steel repairs, are capitalized and amortized over the remaining useful life of the upgrade or asset repaired, or the remaining lease term.
	2	SIGNIFICANT ACCOUNTING POLICIES (continued)
	Income taxes
	The Company accounts for income taxes in accordance with ASC 740 “Income Taxes”, which requires the determination of deferred tax assets and liabilities based on the differences between the financial statement and income tax bases of tax assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse.  A valuation allowance is recognized, if necessary, to measure tax benefits to the extent that, based on available evidence, it is more likely than not that they will be realized.
	The Company classifies interest expense related to income tax liabilities, when applicable, as part of the interest expense in its consolidated statements of operations rather than income tax expense.  To date, the Company has not incurred material interest expenses or penalties relating to assessed taxation amounts.
	An examination by the U.S. federal taxing authority for the fiscal year ended March 31, 2012 was completed in 2014, with no adjustments warranted. Lower Lakes was examined by the Canadian taxing authority for the tax years 2009 and 2010 and such examination was completed in 2013.  This audit did not result in any material adjustments for such periods. The Company's primary U.S. state income tax jurisdictions are Illinois, Indiana, Michigan, Minnesota, Pennsylvania, Wisconsin and New York and its only international jurisdictions are Canada and its province of Ontario. The following table summarizes the open fiscal tax years for each major jurisdiction:
	Jurisdiction	Open Tax Years
	Federal (U.S.A)	2011 – 2014
	Various states	2011 – 2014
	Federal (Canada)	2010 – 2014
	Ontario	2010 – 2014
	Foreign currency translation
	The Company uses the U.S. Dollar as its reporting currency.  The functional currency of the Company's Canadian subsidiaries is the Canadian Dollar.  The functional currency of the Company’s U.S. subsidiaries is the U.S. Dollar. Assets and liabilities denominated in foreign currencies are translated into U.S. Dollars at the rate of exchange at the balance sheet date, while revenue and expenses are translated at the average exchange rates prevailing during the respective month.  Components of stockholders’ equity are translated at historical exchange rates.  Exchange gains and losses resulting from translation are reflected in accumulated other comprehensive income or loss, except for financial assets and liabilities designated in foreign currency, which are reflected in the Company's consolidated statements of operations.
	Advertising costs
	The Company expenses all advertising costs as incurred. These costs are included in general and administrative expenses and were insignificant during the periods presented.
	Use of estimates
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates used in the preparation of these financial statements include the assumptions used in determining the useful lives of long-lived assets, the assumptions used in determining whether assets are impaired, the assumptions used in determining the valuation allowance for deferred income tax assets and the assumptions used in stock based compensation awards. Actual results could differ from those estimates.
	2.    SIGNIFICANT ACCOUNTING POLICIES (continued)
	Benefit plans
	The Company contributes to employee Registered Retirement Savings Plans in Canada and 401(k) plans in the United States, both of which are defined contribution plans. Contributions are expensed as operating expenses when incurred. The Company made contributions of $1,581 in 2015, $1,569 in 2014 and $1,533 in 2013.
	Stock-based compensation
	The Company recognizes compensation expense for all newly granted awards and awards modified, repurchased or cancelled based on fair value at the date of grant.
Financial instruments
The Company accounts for its foreign currency hedge contract on its subordinated debt utilizing ASC 815 “Derivatives and Hedging”. All changes in the fair value of the contracts are recorded in earnings and the fair value of settlement costs to terminate the contract is included in current assets or current liabilities on the consolidated balance sheets. Disclosure requirements of ASC 815 are presented in Note 22.
Fair value of financial instruments
ASC 820 “Fair Value Measurements and Disclosures” ("ASC 820") defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and establishes a hierarchy that categorizes and prioritizes the inputs to be used to estimate fair value. The three levels of inputs used are as follows:
Level 1 - Quoted prices in active markets for identical assets or liabilities.
Level 2 - Inputs other than Level 1 that are observable for the asset or liability, either directly or indirectly, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data by correlation or other means.
Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
The disclosure requirements of ASC 820 related to the Company’s financial assets and liabilities are presented in Note 22.

RECENTLY_ISSUED_PRONOUNCEMENTS

RECENTLY ISSUED PRONOUNCEMENTS	12 Months Ended
	Mar. 31, 2015
Accounting Changes and Error Corrections [Abstract]
RECENTLY ISSUED PRONOUNCEMENTS	RECENTLY ISSUED PRONOUNCEMENTS
	Revenue from Contracts with Customers
	In May 2014, the Financial Accounting Standard Board (the "FASB")issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. ASU 2014-09 requires entities to recognize revenue in a way that depicts the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is not permitted. The Company is currently evaluating the effect that this pronouncement will have on its financial statements and related disclosures.
	3	RECENTLY ISSUED PRONOUNCEMENTS (continued)
	Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern
	In August 2014, the FASB issued Accounting Standards Update 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern ("ASU 2014-15"). ASU 2014-15 provide guidance on management's responsibility in evaluating whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). ASU 2014-15 also provides guidance related to the required disclosures as a result of management's evaluation.
	The amendments in ASU 2014-15 are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted.

ACCOUNTS_RECEIVABLE_NET

ACCOUNTS RECEIVABLE, NET	12 Months Ended
	Mar. 31, 2015
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
ACCOUNTS RECEIVABLE, NET	ACCOUNTS RECEIVABLE, NET
	Trade receivables are presented net of an allowance for doubtful accounts. The allowance was $0 as of March 31, 2015 and $58 as of March 31, 2014. The Company manages and evaluates the collectability of its trade receivables as follows: management reviews aged accounts receivable listings and contact is made with customers that have extended beyond agreed upon credit terms. Senior management and operations are notified so that when they are contacted by such customers for a future delivery, they can request that the customer pay any past due amounts before any future cargo is booked for shipment. Customer credit risk is also managed by reviewing the history of payments by the customer, the size and credit quality of the customer, the period of time remaining within the shipping season and demand for future cargos.

PREPAID_EXPENSES_AND_OTHER_CUR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Mar. 31, 2015
Prepaid Expense and Other Assets, Current [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	PREPAID EXPENSES AND OTHER CURRENT ASSETS
	Prepaid expenses and other current assets are comprised of the following:
		March 31, 2015		March 31, 2014
	Prepaid insurance	$	160	$	565
	Fuel and lubricant inventories	4,018		4,351
	Deposits and other prepaids	1,779		2,428
		$	5,957	$	7,344

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES
	Income (loss) before income taxes was derived from the following sources:
		Year ended March 31, 2015				Year ended March 31, 2014				Year ended March 31, 2013
	United States	$	(8,672	)		$	(5,601	)		$	(4,515	)
	Foreign	(324		)		5,917				203
		$	(8,996	)		$	316			$	(4,312	)
	6.    INCOME TAXES (continued)
	The components of the provision (recovery) for income taxes are as follows:
			Year ended March 31, 2015				Year ended March 31, 2014				Year ended March 31, 2013
	Current:
	Federal		$	—			$	—			$	(21	)
	State and local		7				17				(113		)
	Foreign		—				100				—
	Deferred:
	Federal		—				2,898				(947		)
	State and local		(172		)		85				84
	Foreign		589				1,723				504
			$	424			$	4,823			$	(493	)
	The total provision (recovery) for income taxes differs from that amount which would be computed by applying the U.S. Federal and Canadian income tax rates to income (loss) before provision for income taxes as follows:
			Year ended March 31, 2015					Year ended March 31, 2014					Year ended March 31, 2013
	Statutory U.S. federal			34	%				34	%				34	%
	income tax rate
	State income taxes			1.8	%				30.5	%				(0.2	)%
	Foreign income taxes			(0.8	)%				(155.1	)%				0.1	%
	Imputed interest income			(3.9	)%				183	%				(11.5	)%
	Federal Valuation Allowance			(29.1	)%				1,318.20	%				—	%
	Foreign Permanent Items/Other			(6.7	)%				115.7	%				(5.3	)%
	Foreign Statutory Rate Change			—	%				—	%				(5.7	)%
	Effective income tax rate			-4.70%					1526.30%					11.40%
	The primary reasons that the effective income tax rate for fiscal 2015 is lower than the statutory U.S. federal tax rate is due to the change in U.S. federal, state and foreign valuation allowances.
	6.    INCOME TAXES (continued)
	The significant components of current deferred tax assets and liabilities are as follows:
			March 31, 2015				March 31, 2014
	Assets:
	Accrued liabilities not yet deductible for tax		$	4			$	159
	Deferred foreign exchange gain		787				101
	Other		—				13
			791				273
	Valuation allowance		(313		)		(37		)
	Total current deferred tax assets		478				236
	Liability:
	Deferred foreign exchange gain		—				—
	Other		(131		)		(150		)
	Total current deferred tax liabilities		(131		)		(150		)
	Net current deferred tax assets (liabilities)		$	347			$	86
	The Company has net current deferred assets of $2 ($121 as of March 31, 2014) in United States federal and state jurisdictions and net current deferred tax assets of $345 (deferred tax liabilities of $35 as of March 31, 2014) in Canadian jurisdictions.
	The significant components of long-term deferred tax assets and liabilities are as follows:
		31-Mar-15				March 31, 2014
	Long-term deferred tax assets
	Operating loss carry forwards	$	23,669			$	20,807
	Other	949				585
		24,618				21,392
	Valuation allowance	(8,328		)		(4,126		)
	Net long-term deferred tax assets	$	16,290			$	17,266
	Long-term deferred tax liabilities
	Separately identifiable intangibles	$	(492	)		$	(585	)
	Depreciation and dry dock expenses	(21,256		)		(21,614		)
	Other	(149		)		(201		)
	Total long-term deferred tax liabilities	$	(21,897	)		$	(22,400	)
	Net long-term deferred tax liabilities	$	(5,607	)		$	(5,134	)
	6.    INCOME TAXES (continued)
	The Company has net long term deferred tax liabilities of $349 ($638 as of March 31, 2014) in the United States Federal and State jurisdictions and net long term deferred tax liabilities of $5,258 ($4,496 as of March 31, 2014) in Canadian jurisdictions. The Company establishes a valuation allowance when it is more likely than not that it will not be able to realize the benefit of the deferred tax assets, or when future deductibility is uncertain. Periodically, the valuation allowance is reviewed and adjusted based on management’s assessment of realizable deferred tax assets.
	The Company determined at March 31, 2014 that its U.S. federal net deferred tax assets, including net operating loss carry-forwards, would not fully be utilized due to a cumulative break-even position over the prior three fiscal years, coupled with anticipated cumulative three year losses in the near future. As such, the Company recorded a full valuation allowance against the net U.S. Federal deferred tax assets and increased the valuation allowance by $4,156 during the year ended March 31, 2014.
	The Company's position remains unchanged at March 31, 2015 as it relates to the U.S. federal net deferred tax assets, thus a full valuation allowance against the net U.S. Federal net deferred tax assets continues in existence, resulting in an increase of the valuation allowance by $2,614 during the year ended March 31, 2015.
The Company determined at March 31, 2014 that the Canadian deferred income tax assets relating to capital or non-capital losses on Lower Lakes Towing would be realized based on performance of the entity and the expected timing of the reversal of the deferred tax liabilities. The Company also determined that the Canadian deferred income tax assets on Lower Lakes Ship Repair would not be realized based on uncertainty of future income. As such, a full valuation allowance was recorded against Lower Lakes Ship Repair’s deferred tax assets and continues in existence, increasing valuation allowance by $9 during the year ended March 31, 2014.
The Company determined at March 31, 2015 that the Canadian deferred income tax asset relating to non-capital losses on Lower Lakes Towing would be realized based on performance of the entity and the expected timing of the reversal of the deferred tax liabilities. The Company determined that the deferred income tax assets relating to capital losses and unrealized foreign exchange losses in Lower Lakes Towing would not be realized. As such, a full valuation allowance was recorded against capital losses and unrealized foreign exchange losses in Lower Lakes Towing. The Company also determined that the Canadian deferred income tax assets on Lower Lakes Ship Repair would not be realized based on the uncertainty of future income. As such, a full valuation allowance was recorded against Lower Lakes Ship Repair's deferred tax assets.
For state tax purposes, the Company is in a small net deferred tax liability position of $104 before the consideration of the valuation allowance at March 31, 2015. After the consideration of the reversing patterns of these liabilities on a separate jurisdiction basis, it is expected that a portion of these liabilities will reverse within the period of time available for existing deferred tax assets including net operating loss carryforward. The Company recorded a small valuation allowance against the U.S. state net deferred tax assets as of March 31, 2015.
At March 31, 2015, the Company had unused U.S. federal net operating loss carry-forwards totaling $56,402 that expire between fiscal 2020 and 2035, of which a small portion is subject to Internal Revenue Code section 382 annual limitations. At March 31, 2015, the Company also had unused Canadian net operating loss carry-forwards totaling CDN $13,933 that expire between fiscal 2026 and 2033.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT, NET
	Property and equipment, net are comprised of the following:
		March 31, 2015		March 31, 2014
	Cost
	Vessels	$	279,785	$	274,919
	Leasehold improvements	102		3,834
	Furniture and equipment	563		534
	Vehicles	16		19
	Computer, communication equipment and purchased software	2,901		2,937
		$	283,367	$	282,243
	Accumulated depreciation
	Vessels	$	74,794	$	62,694
	Leasehold improvements	78		1,953
	Furniture and equipment	283		249
	Vehicles	13		13
	Computer, communication equipment  and purchased software	1,923		1,847
		77,091		66,756
		$	206,276	$	215,487
	Depreciable assets as at March 31, 2015 included $14,658 ($7,635 as at March 31, 2014) related to a recently acquired vessel that had not been placed into service as of March 31, 2015 and March 31, 2014. Depreciation on this asset will commence after the vessel is converted to a self-unloading dry-bulk vessel and is available for commercial sailing. Property and equipment as of March 31, 2015 include capitalized interest of $734.

OTHER_ASSETS

OTHER ASSETS	12 Months Ended
	Mar. 31, 2015
Other Assets [Abstract]
OTHER ASSETS	OTHER ASSETS
	Other assets includes certain customer contract related expenditures, which are amortized over a five year period. The
	current portion of such costs represents the amounts expected to be recognized as expenses during the next fiscal year.
		March 31, 2015		March 31, 2014
	Customer contract costs	$	533	$	850
	Prepaid expenses and other assets	5,993		7,224
	Total	$	6,526	$	8,074
	Current portion	5,957		7,344
	Other long term assets	$	569	$	730

DEFERRED_DRYDOCK_COSTS_NET

DEFERRED DRYDOCK COSTS, NET	12 Months Ended
	Mar. 31, 2015
Deferred Drydock Costs [Abstract]
DEFERRED DRYDOCK COSTS, NET	DEFERRED DRYDOCK COSTS, NET
	Deferred drydock costs, net are comprised of the following:
		March 31, 2015			March 31, 2014
	Drydock expenditures	$	16,607		$	15,635
	Accumulated amortization	(9,017		)	(6,314		)
		$	7,590		$	9,321
	The following table shows periodic deferrals of drydock costs and amortization.
	Balance as of March 31, 2013	$	10,895
	Drydock costs accrued and incurred	2,150
	Amortization of drydock costs	(3,290		)
	Foreign currency translation adjustment	(434		)
	Balance as of March 31, 2014	$	9,321
	Drydock costs accrued and incurred	2,239
	Amortization of drydock costs	(3,343		)
	Foreign currency translation adjustment	(627		)
	Balance as of March 31, 2015	$	7,590

INTANGIBLE_ASSETS_NET_AND_GOOD

INTANGIBLE ASSETS, NET AND GOODWILL	12 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET AND GOODWILL	INTANGIBLE ASSETS, NET AND GOODWILL
	Intangibles, net are comprised of the following:
		March 31, 2015		March 31, 2014
	Intangible assets:
	Deferred financing costs	$	6,787	$	7,331
	Trademarks and trade names	866		951
	Customer relationships and contracts	15,378		16,884
	Total identifiable intangibles	$	23,031	$	25,166
	Accumulated amortization:
	Deferred financing costs	$	686	$	75
	Trademarks and trade names	785		768
	Customer relationships and contracts	8,355		8,090
	Total accumulated amortization	9,826		8,933
	Net intangible assets	$	13,205	$	16,233
	Goodwill	$	10,193	$	10,193
	Intangible asset amortization over the next five years is estimated as follows:
	Twelve month period ending:
	31-Mar-16	$	2,377
	31-Mar-17	2,282
	31-Mar-18	2,282
	31-Mar-19	2,282
	31-Mar-20	2,134
		$	11,357

VESSEL_ACQUISITIONS

VESSEL ACQUISITIONS	12 Months Ended
	Mar. 31, 2015
Vessel Acquisitions [Abstract]
VESSEL ACQUISITIONS	VESSEL ACQUISITIONS
	On March 11, 2014, Lower Lakes Towing entered into and consummated the transactions contemplated by a Memorandum of Agreement with Uni-Tankers M/T “Lalandia Swan” ApS (the "Seller"), pursuant to which Lower Lakes Towing purchased the LALANDIA SWAN from the Seller for a purchase price of $7,000. Lower Lakes Towing subsequently transferred the title of such vessel to Lower Lakes (17). This acquisition was funded with borrowings under the subordinated debt described in Note 15.

BANK_INDEBTEDNESS

BANK INDEBTEDNESS	12 Months Ended
	Mar. 31, 2015
Line of Credit Facility [Abstract]
BANK INDEBTEDNESS	BANK INDEBTEDNESS
	As explained in Note 14, the outstanding amount under operating lines of credit under the Fourth Amended and Restated Credit Agreement as of March 27, 2015 were paid out of the proceeds of the Credit Agreement, as defined therein.
	As discussed in detail in Note 14, on March 11, 2014, Lower Lakes Towing, Lower Lakes Transportation, Grand River and Black Creek, as borrowers, and Rand LL Holdings, Rand Finance, Black Creek Holdings, Lower Lakes Ship Repair and Lower Lakes (17), and the Company as guarantors, entered into a Fourth Amended and Restated Credit Agreement (the "Fourth Amended and Restated Credit Agreement"), with General Electric Capital Corporation, as agent and a lender, and certain other lenders, which amended and restated the Third Amended and Restated Credit Agreement (the “Third Amended and Restated Credit Agreement”) entered into on August 30, 2012, as the same was amended from time to time.
	As of March 31, 2014, the Company had authorized operating lines of credit under the Fourth Amended and Restated Credit Agreement of CDN $17,500 and US $17,500, was utilizing CDN $Nil as of March 31, 2014, was utilizing US $Nil as of March 31, 2014, and maintained letters of credit of CDN $100 as of March 31, 2014.
	The Fourth Amended and Restated Credit Agreement provided that the line of credit bears interest, at the borrowers' option, at Canadian Prime Rate plus 3.00% or Canadian BA rate plus 4.00% on Canadian Dollar borrowings, and the U.S. Base rate plus 3.00% or LIBOR plus 4.00% on U.S. Dollar borrowings, compared to the Third Amended and Restated Credit Agreement, which bore interest at the Canadian Prime Rate plus 3.75% or Canadian BA rate plus 4.75% on Canadian Dollar borrowings, and the U.S. Base rate plus 3.75% or LIBOR plus 4.75% on U.S. Dollar borrowings. The Fourth Amended and Restated Credit Agreement was subject to the terms and conditions described in Note 14. Available collateral for borrowings and letters of credit were based on eligible accounts receivable, which were limited to 85% of those receivables that are not over 90 days old, not in excess of 20%-30% per customer in each line and certain other standard limitations.

ACCRUED_LIABILITIES

ACCRUED LIABILITIES	12 Months Ended
	Mar. 31, 2015
Payables and Accruals [Abstract]
ACCRUED LIABILITIES	ACCRUED LIABILITIES
	Accrued liabilities are comprised of the following:
		March 31, 2015		March 31, 2014
	Deferred financing and other transaction costs	$	396	$	560
	Payroll compensation and benefits	1,575		957
	Preferred stock dividends	587		—
	Professional fees	340		386
	Interest	1,771		767
	Winter work, deferred drydock expenditures and capital expenditures	1,293		3,961
	Capital and franchise taxes	30		36
	Other	1,636		1,289
		$	7,628	$	7,956

LONGTERM_DEBT

LONG-TERM DEBT	12 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT
			March 31, 2015		March 31, 2014
	a)	Canadian term loan bearing interest at Canadian Prime rate plus 3.00% at March 31, 2014 or Canadian BA rate plus 4.00% at March 31, 2014 at the Company’s option then.  The loan was repayable until April 1, 2019 with quarterly payments of CDN $137 commenced September 1, 2014 and the balance was due April 1, 2019. The Canadian term loan was repaid on March 27, 2015.	$	—	$	49,644
	b)	U.S. term loan bearing interest at LIBOR rate plus 4.00% at March 31, 2014 or U.S. base rate plus 3.00% at March 31, 2014 at the Company’s option then.  The loan was repayable until April 1, 2019 with quarterly payments of US $138 commenced September 1, 2014 and the balance was due April 1, 2019. The U.S. Term loan was repaid on March 27, 2015.	—		55,246
	c)	Canadian Revolving Facility bearing interest at BA rate or at Borrower's option Canadian Prime rate, if funded in Canadian dollar or at BA rate or LIBOR rate, if funded in U.S. Dollar at the applicable margin as discussed below. The amount outstanding is due at maturity date of September 30, 2019.	44,213		—
	d)	U. S. Revolving Facility bearing interest at US Base Rate or at Borrower's option LIBOR at the applicable margin as discussed below. The amount outstanding is due at maturity date of September 30, 2019.	57,000		—
			$	101,213	$	104,890
		Less amounts due within 12 months	—		787
			$	101,213	$	104,103
	The effective interest rates at March 31, 2015 were 3.75% on the Canadian Revolving Facility and 3.03% on the U.S. Revolving Facility. The effective interest rates on the term loans at March 31, 2014 were 5.26% on the Canadian term loan and 4.24% on the U.S. term loan under the Fourth Amended and Restated Credit Agreement.
	On March 27, 2015, Rand Logistics, Inc. (“Rand”) and certain of its subsidiaries entered into a Credit Agreement (the “Credit Agreement”) with Bank of America, N.A., in its capacity as agent and lender, and certain other lenders party thereto. Lower Lakes Towing, Lower Lakes Transportation, Grand River, and Black Creek are borrowers (the “Borrowers”) under the Credit Agreement. Black Creek, Lower Lakes Transportation, Grand River, Black Creek Holding, Rand LL Holdings and Rand Finance, each of which is a direct or indirect wholly-owned subsidiary of the Company and the Company itself are guarantors of all United States and Canadian obligations under the Credit Agreement (collectively, the “US Guarantors”). Lower Lakes Towing (17) and Lower Lakes Ship Repair are guarantors of all Canadian obligations under the Credit Agreement and are direct or indirect wholly-owned subsidiaries of Rand (collectively, the “Canadian Guarantors”; and together with the US Guarantors, the “Guarantors”). The proceeds of the Credit Agreement were used to extinguish certain indebtedness and to provide working capital financing and funds for other general corporate and permitted purposes.
	The obligations are secured by first-priority liens on, and a first-priority security interest in, substantially all of the assets of the Borrowers and the Guarantors, including a pledge of all or a portion of the equity interests of the Borrowers and the Guarantors. The security interests are evidenced by pledge, security and guaranty agreements and other related agreements, including certain fleet mortgages.
	14	LONG-TERM DEBT (continued)
	The credit facilities (the “Credit Facilities”) under the Credit Agreement consist of:
	•A revolving credit facility under which Lower Lakes may borrow up to US $80,000 (CDN or USD currency
	to be selected by Lower Lakes) with a final maturity date of September 30, 2019 (the “Canadian Revolving
	Facility”);
	•A revolving credit facility under which Lower Lakes Transportation, Grand River and Black Creek may borrow
	up to USD $90,000 with a final maturity date of September 30, 2019 (the “U.S. Revolving Facility”);
	•A swing line facility under which Lower Lakes may borrow lesser of up to CDN $8,000 and the CDN maximum
	borrowing availability less the outstanding balance of the CDN revolving line at such time, with a final maturity date of September 30, 2019 (the “Canadian Swing Line Facility”); and
	•A swing line facility under which Lower Lakes Transportation, Grand River and Black Creek may borrow lesser
	of up to USD $9,000 and the maximum borrowing availability less the outstanding balance of the U.S. revolving line at such time, with a final maturity date of September 30, 2019 (the “U.S. Swing Line Facility”).
	Borrowings under the Credit Facilities will bear interest, in each case plus an applicable margin, as follows:
	•Canadian Revolving Facility: if funded in Canadian Dollars, the BA Rate (as defined in the Credit Agreement)
	or, at the borrower’s option, the Canadian Prime Rate (as defined in the Credit Agreement) and if funded in U.S. Dollars, the Canadian Base Rate (as defined in the Credit Agreement) or, at the borrower’s option, the LIBOR Rate (as defined in the Credit Agreement);
	•U.S. Revolving Facility: the US Base Rate (as defined in the Credit Agreement) or, at the borrower’s option,
	the LIBOR Rate;
	•Canadian Swing Line Facility: the Canadian Prime Rate or, at the borrower’s option, the Canadian Base Rate;
	and
	•U.S. Swing Line Facility: the US Base Rate.
	The applicable margin to the BA Rate, Canadian Prime Rate, Canadian Base Rate, US Base Rate and the LIBOR Rate is subject to specified changes depending on the Senior Funded Debt to EBITDA Ratio (as defined in the Credit Agreement). The Borrowers will also pay a monthly commitment fee at an annual rate of 0.25% on the undrawn committed amount available under the Canadian Revolving Facility and the U.S. Revolving Facility (the “Revolving Facilities”), which rate shall increase to 0.375% in the event the undrawn committed amount is greater than or equal to 50% of the aggregate committed amount under the Revolving Facilities.
	Any amounts outstanding under the Credit Facilities are due at maturity. In addition, subject to certain exceptions, the Borrowers will be required to make principal repayments on amounts outstanding under the Credit Facilities from the net proceeds of specified types of asset sales, debt issuances and equity offerings. No such transactions have occurred as of March 31, 2015.
	The Credit Agreement contains certain negative covenants, including those limiting the Guarantors’, the Borrowers’, and their subsidiaries’ ability to incur indebtedness, incur liens, sell or acquire assets or businesses, change the nature of their
	businesses, engage in transactions with related parties, make certain investments or pay dividends. In addition, the Credit Agreement requires the Borrowers to maintain certain financial ratios. The Credit Agreement also contains affirmative covenants and events of default, including payment defaults, covenant defaults and cross defaults. If an event of default occurs, the agent would be entitled to take various actions, including the acceleration of amounts due under the outstanding Credit Facilities. As of March 31, 2015, the Company was in compliance with the covenants contained in the Credit Agreement.
	As of March 31, 2015, the Company had credit availability of USD $40,537 on the credit facilities based on eligible receivables and vessel collateral value.
	As a result of the execution of the Credit Agreement discussed above, the Company recognized a loss on extinguishment of debt of $2,331 during the fiscal year ended March 31, 2015, that consisted of the write-off of unamortized deferred financing costs in connection with the previously existing first lien financing arrangement.
	14.    LONG-TERM DEBT (continued)
	On March 11, 2014, Lower Lakes Towing, Lower Lakes Transportation, Grand River and Black Creek Shipping, as borrowers, Rand LL Holdings Corp. ("Rand LL Holdings"), Rand Finance, Black Creek Shipping Holdings Company, Inc. ("Black Creek Holdings"), Lower Lakes Ship Repair, Lower Lakes (17) and Rand, as guarantors, General Electric Capital Corporation, as agent and Lender, and certain other lenders, entered into a Fourth Amended and Restated Credit Agreement (the "Fourth Amended and Restated Credit Agreement"), which (i) amended and restated the existing Third Amended and Restated Credit Agreement to which the borrowers are a party, dated as of August 30, 2012, as the same has been amended from time to time, in its entirety, (ii) consolidated the existing U.S. term loans into a single term loan, (iii) provided for certain new loans and (iv) provided working capital financing, funds for other general corporate purposes and funds for other permitted purposes. The Fourth Amended and Restated Credit Agreement provided for (i) a revolving credit facility under which Lower Lakes Towing may borrow up to CDN $17,500 with a seasonal overadvance facility of the lesser of US $17,000 or CDN $17,500 less the principal amount outstanding under the seasonal overadvance facility for Lower Lakes Transportation, and a swing line facility of CDN $4,000, subject to limitations, (ii) a revolving credit facility under which Lower Lakes Transportation may borrow up to US $17,500 with a seasonal overadvance facility of US $17,000 less the principal amount outstanding under the seasonal overadvance facility for Lower Lakes Towing, and a swing line facility of US $50 subject to limitations, (iii) the continuation of an existing Canadian dollar denominated term loan facility under which Lower Lakes Towing is obligated to the lenders in the amount of CDN $54,882 as of the date of the Fourth Amended and Restated Credit Agreement (the “CDN Term Loan”) and (iv) the modification and continuation of a U.S. dollar denominated term loan facility under which Grand River and Black Creek are obligated to the lenders in the amount of $55,246 as of the date of the Fourth Amended and Restated Credit Agreement (the “U.S. Term Loan”).
	Under the Fourth Amended and Restated Credit Agreement, the revolving credit facilities and swing line loans expire on April 1, 2019. The outstanding principal amount of the CDN Term Loan borrowings was repayable as follows: (i) annual payments equal to one percent (1%) of the initial principal amount thereof paid quarterly commencing September 1, 2014 and (ii) a final payment in the outstanding principal amount of the CDN Term Loan upon the CDN Term Loan’s maturity on April 1, 2019. The outstanding principal amount of the U.S. Term Loan borrowings will be repayable as follows: (i) annual payments equal to one percent (1%) of the initial principal amount thereof paid quarterly commencing September 1, 2014, and (iii) a final payment in the outstanding principal amount of the U.S. Term Loan upon the U.S. Term Loan’s maturity on April 1, 2019. Borrowings under the Canadian revolving credit facility, the Canadian swing line facility and the CDN Term Loan bore an interest rate per annum, at the borrowers' option, equal to (i) the Canadian Prime Rate (as defined in the Fourth Amended and Restated Credit Agreement), plus 3.00% per annum or (ii) the BA Rate (as defined in the Fourth Amended and Restated Credit Agreement) plus 4.00% per annum. Borrowings under the U.S. revolving credit facility, the U.S. swing line facility and the U.S. Term Loan bore interest, at the borrowers’ option, equal to (i) LIBOR (as defined in the Fourth Amended and Restated Credit Agreement) plus 4.00% per annum, or (ii) the U.S. Base Rate (as defined in the Fourth Amended and Restated Credit Agreement) plus 3.00% per annum.
	Obligations under the Fourth Amended and Restated Credit Agreement were secured by (i) a first priority lien and security interest on all of the borrowers’ and guarantors’ assets, tangible or intangible, real, personal or mixed, existing and newly acquired, (ii) a pledge by Rand LL Holdings of all of the outstanding capital stock of the borrowers other than Black Creek and Lower Lakes Towing, and a pledge of 65% of the outstanding capital stock of Lower Lakes Towing, (iii) a pledge by Black Creek Holdings of all of the outstanding capital stock of Black Creek, (iv) a pledge by Lower Lakes Towing of all of the outstanding capital stock of Lower Lakes Ship Repair and Lower Lakes (17) and (v) a pledge by Rand of all of the outstanding capital stock of Rand LL Holdings, Rand Finance and Black Creek Holdings. The indebtedness of each domestic borrower under the Fourth Amended and Restated Credit Agreement was unconditionally guaranteed by each other domestic borrower and by the guarantors which are domestic subsidiaries, and such guaranty is secured by a lien on substantially all of the assets of each borrower and each guarantor. Each domestic borrower also guarantees the obligations of the Canadian borrower and each Canadian guarantor guarantees the obligations of the Canadian borrower. Under the Fourth Amended and Restated Credit Agreement, the borrowers were required to make mandatory prepayments of principal on term loan borrowings (i) if the outstanding balance of the term loans plus the outstanding balance of the seasonal facilities exceeds the sum of 85% of the orderly liquidation value of the vessels owned by the borrowers, less the amount of outstanding liens against the vessels with priority over the lenders’ liens, in an amount equal to such excess, (ii) in the event of certain dispositions of assets and insurance proceeds (all subject to certain exceptions), in an amount equal to 100% of the net proceeds received by the borrowers therefrom and (iii) in an amount
	14	LONG-TERM DEBT (continued)
	equal to 100% of the net proceeds to a borrower from any issuance of a borrower’s debt or equity securities (all subject to certain exceptions).
	The Fourth Amended and Restated Credit Agreement contained certain covenants, including those limiting the guarantors’, the borrowers’, and their subsidiaries’ ability to incur indebtedness, incur liens, sell or acquire assets or businesses, change the nature of their businesses, engage in transactions with related parties, make certain investments or pay dividends. In addition, the Fourth Amended and Restated Credit Agreement required the borrowers to maintain certain financial ratios. Failure of the borrowers or the guarantors to comply with any of these covenants or financial ratios could have resulted in the loans under the Fourth Amended and Restated Credit Agreement being accelerated.
	As a result of the execution of the Fourth Amended and Restated Credit Agreement discussed above, the Company recognized a loss on extinguishment of debt of $1,267 during the fiscal year ended March 31, 2014 that consisted of the write-off of the unamortized deferred financing costs in connection with the previously existing financing arrangement.
	On August 30, 2012, Lower Lakes Towing, Lower Lakes Transportation, Grand River and Black Creek, as borrowers, Rand LL Holdings, Rand Finance, Black Creek Holdings and the Company, as guarantors, General Electric Capital Corporation, as agent and Lender, and certain other lenders, entered into the Third Amended and Restated Credit Agreement which (i) amended and restated the Second Amended and Restated Credit Agreement in its entirety, (ii) continued the tranches of loans provided for under the Second Amended and Restated Credit Agreement, (iii) refinanced the indebtedness of Black Creek under its then-existing credit facility and added Black Creek as a U.S. Borrower, (iv) provided for certain new loans and (v) provided working capital financing, funds for other general corporate purposes and funds for other permitted purposes.
	The Third Amended and Restated Credit Agreement provided for (i) a revolving credit facility including letters of credit under which Lower Lakes Towing was able to borrow up to CDN $13,500 with a seasonal overadvance facility of US $12,000, less the principal amount outstanding under the seasonal overadvance facility for Lower Lakes Transportation, and a swing line facility of CDN $4,000, subject to limitations, (ii) a revolving credit facility under which Lower Lakes Transportation was able to borrow up to US $13,500 with a seasonal overadvance facility of US $12,000, less the principal amount outstanding under the seasonal overadvance facility for Lower Lakes Towing, and a swing line facility of US $50, subject to limitations, (iii) the modification and continuation of an existing Canadian dollar denominated term loan facility under which Lower Lakes Towing was obligated to the Lenders in the amount of CDN $52,979 as of the date of the Third Amended and Restated Credit Agreement (the “2012 CDN Term Loan”), (iv) the modification and continuation of a U.S. dollar denominated term loan facility under which Grand River was obligated to the Lenders in the amount of $64,127 as of the date of the Third Amended and Restated Credit Agreement (“Grand River Term Loan”) and (v) a U.S. dollar denominated term loan facility under which Black Creek was obligated to Lenders in the amount of $28,934 as of the date of the Third Amended and Restated Credit Agreement (“Black Creek Term Loan”).
	Under the Third Amended and Restated Credit Agreement, the revolving credit facilities and swing line loans were to expire on August 1, 2016. The outstanding principal amount of the 2012 CDN Term Loan borrowings was repayable as follows: (i) quarterly payments of CDN $331 commencing on December 1, 2012 and ending September 2014, (ii) quarterly payments of CDN $662 commencing December 1, 2014 and ending June 1, 2016 and (iii) a final payment in the outstanding principal amount of the 2012 CDN Term Loan upon the 2012 CDN Term Loan's scheduled maturity on August 1, 2016. The outstanding principal amount of the Grand River Term Loan borrowings was repayable as follows: (i) quarterly payments of US $401 commencing on December 1, 2012 and ending on September 1, 2014, (ii) quarterly payments of US $802 commencing December 1, 2014 and ending June 1, 2016 and (iii) a final payment in the outstanding principal amount of the Grand River Term Loan upon the Grand River Term Loan's scheduled maturity on August 1, 2016. The outstanding principal amount of the Black Creek Term Loan borrowings was repayable as follows: (i) quarterly payments of US $181 commencing on December 1, 2012 and ending September 1, 2014, (ii) quarterly payments of US $362 commencing December 1, 2014 and ending June 1, 2016 and (iii) a final payment in the outstanding principal amount of the Black Creek Term Loan upon the Black Creek Term Loan's scheduled maturity on August 1, 2016.
	14	LONG-TERM DEBT (continued)
	Borrowings under the Canadian revolving credit facility, Canadian swing line facility and the 2012 CDN Term Loan bore an interest rate per annum, at the borrowers' option, equal to (i) the Canadian Prime Rate (as defined in the Third Amended and Restated Credit Agreement), plus 3.75% per annum or (ii) the BA Rate (as defined in the Third Amended and Restated Credit Agreement) plus 4.75% per annum. Borrowings under the U.S. revolving credit facility, the U.S. swing line facility, the Grand River Term Loan and Black Creek Term Loan bore interest, at the borrowers' option equal to (i) LIBOR (as defined in the Third amended and Restated Credit Agreement) plus 4.75% per annum, or (ii) the U.S. Base Rate (as defined in the Third Amended and Restated Credit Agreement), plus 3.75% per annum. Obligations under the Third Amended and Restated Credit Agreement were secured by (i) a first priority lien and security interest on all of the borrowers' and guarantors' assets, tangible or intangible, real, personal or mixed, existing and newly acquired, (ii) a pledge by Rand LL Holdings of all of the outstanding capital stock of the borrowers other than Black Creek; (iii) a pledge by Black Creek Holdings of most of the outstanding capital stock of Black Creek; and (iv) a pledge by Rand of all of the outstanding capital stock of Rand LL Holdings, Rand Finance and Black Creek Holdings. The indebtedness of each domestic borrower under the Third Amended and Restated Credit Agreement was unconditionally guaranteed by each other domestic borrower and by the guarantors which are domestic subsidiaries, and such guaranty was secured by a lien on substantially all of the assets of each borrower and each guarantor. Each domestic borrower also guaranteed the obligations of the Canadian borrower and each Canadian guarantor guaranteed the obligations of the Canadian borrower.
	Under the Third Amended and Restated Credit Agreement, the borrowers were required to make mandatory prepayments of principal on term loan borrowings (i) if the outstanding balance of the term loans plus the outstanding balance of the seasonal facilities exceeds the sum of 75% of the fair market value of the vessels owned by the borrowers, less the amount of outstanding liens against the vessels with priority over the lenders' liens, in an amount equal to such excess, (ii) in the event of certain dispositions of assets and insurance proceeds (all subject to certain exceptions), in an amount equal to 100% of the net proceeds received by the borrowers therefrom, and (iii) in an amount equal to 100% of the net proceeds to a borrower from any issuance of a borrower's debt or equity securities.
	The Third Amended and Restated Credit Agreement contained certain covenants, including those limiting the guarantors', the borrowers' and their subsidiaries' ability to incur indebtedness, incur liens, sell or acquire assets or businesses, change the nature of their businesses, engage in transactions with related parties, make certain investments or pay dividends. In addition, the Third Amended and Restated Credit Agreement required the borrowers to maintain certain financial ratios.
	As a result of the execution of the Third Amended and Restated Credit Agreement discussed above, the Company recognized a loss on extinguishment of debt of $3,339 during the fiscal year ended March 31, 2013, that consisted of the write off of unamortized deferred financing costs in connection with the previously existing financing arrangements.
SUBORDINATED DEBT	SUBORDINATED DEBT
			31-Mar-15		31-Mar-14
	a)	U.S. Dollar denominated term loan (Second Lien CDN Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.	$	34,200	$	34,200
	b)	U.S. Dollar denominated term loan (Second Lien U.S. Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.	38,300		38,300
			$	72,500	$	72,500
	On March 11, 2014, Lower Lakes Towing, Grand River and Black Creek, as borrowers, Rand LL Holdings, Rand Finance, Black Creek Holdings and Rand, as guarantors, Guggenheim Corporate Funding, LLC, as agent and Lender, and certain other lenders, entered into a Term Loan Credit Agreement (the “Term Loan Credit Agreement”), which provided term loans to (i) partially repay outstanding indebtedness of borrowers under the Third Amended and Restated Credit Agreement, (ii) partially pay the acquisition and conversion costs for a new vessel, (iii) pay accrued but unpaid dividends due on our series A convertible preferred stock and (iv) provide working capital financing, funds for other general corporate purposes and funds for other permitted purposes. The Term Loan Credit Agreement initially provided for (i) a U.S. Dollar denominated term loan facility under which Lower Lakes Towing is obligated to the lenders in the amount of $34,200 (the “Second Lien CDN Term Loan”), (ii) U.S. dollar denominated term loan facility under which Grand River and Black Creek are obligated to the Lenders in the amount of $38,300 (the “Second Lien U.S. Term Loan”) and (iii) an uncommitted incremental term loan facility of up to $32,500.
	The outstanding principal amount of the Second Lien CDN Term Loan borrowings will be repayable upon the Second Lien CDN Term Loan’s maturity on March 11, 2020. The outstanding principal amount of the Second Lien U.S. Term Loan borrowings will be repayable upon the Second Lien U.S. Term Loan’s maturity on March 11, 2020. The Second Lien CDN Term Loan and Second Lien U.S. Term Loan will bear an interest rate per annum at borrowers’ option, equal to (i) LIBOR (as defined in the Term Loan Credit Agreement) plus 9.50% per annum, or (ii) the U.S. Base Rate (as defined in the Term Loan Credit Agreement), plus 8.50% per annum.
	Obligations under the Term Loan Credit Agreement are secured by the first-priority liens and security interests in substantially all of the assets of the borrowers and the guarantors, including a pledge of all or a portion of the equity interests of the borrowers and the guarantors. The indebtedness of each domestic borrower under the Term Loan Credit Agreement is unconditionally guaranteed by each other domestic borrower and by the guarantors which are domestic subsidiaries, and such guaranty is secured by a lien on substantially all of the assets of each borrower and each guarantor. Each domestic borrower also guarantees the obligations of the Canadian borrower and each Canadian guarantor guarantees the obligations of the Canadian borrower. Under the Term Loan Credit Agreement and subject to the terms of the Intercreditor Agreement (as defined below), the borrowers will be required to make mandatory prepayments of principal on term loan borrowings (i) in the event of certain dispositions of assets and insurance proceeds (all subject to certain exceptions), in an amount equal to 100% of the net proceeds received by the borrowers therefrom, and (ii) in an amount equal to 100% of the net proceeds to a borrower from any issuance of a borrower’s debt or equity securities (all subject to certain exceptions). The Term Loan Credit Agreement contains certain covenants, including those limiting the guarantors, the borrowers, and their subsidiaries’ ability to incur indebtedness, incur liens, sell or acquire assets or businesses, change the nature of their businesses, engage in transactions with related parties, make certain investments or pay dividends. In addition, the Term Loan Credit Agreement requires the borrowers to maintain certain financial ratios. Failure of the borrowers or the guarantors to comply with any of these covenants or financial ratios could result in the loans under the Term Loan Credit Agreement being accelerated. The obligations of the borrowers and the liens of the lenders under the Term Loan Credit Agreement are subject to the terms of an Intercreditor Agreement, which is further described below under the heading “Intercreditor Agreement”.
	15.    SUBORDINATED DEBT (continued)
	On April 11, 2014, Rand and certain of its subsidiaries entered into a First Amendment (the "First Amendment") to the Term Loan Credit Agreement. The First Amendment extended the due date of certain post-closing deliverables. In connection with the Credit Agreement described above, on March 27, 2015 Rand and certain of its subsidiaries entered into a Second Amendment (the “Second Amendment”) to the Term Loan Credit Agreement (as amended, the “Amended Second Lien Credit Agreement”). The Second Amendment conformed certain provisions of the Amended Second Lien Credit Agreement to the Credit Agreement, reduced the uncommitted incremental facility to $22,500, and also amended certain other covenants and terms thereof.
	As of March 31, 2015, the Company was in compliance with covenants contained in the Amended Second Lien Credit Agreement.
	Intercreditor Agreement
	Also on March 11, 2014, Lower Lakes Towing, Lower Lakes Transportation, Grand River, Black Creek, Lower Lakes Ship Repair, Rand, Rand LL Holdings, Rand Finance, Black Creek Holdings and Lower Lakes (17) (collectively, the “Credit Parties”), General Electric Capital Corporation, as agent for the lenders under the Fourth Amended and Restated Credit Agreement (the “First Lien Lenders”) and Guggenheim Corporate Funding, LLC, as agent for the lenders under the Term Loan Credit Agreement (the “Second Lien Lenders”), entered into an Intercreditor Agreement (the “GE Intercreditor Agreement”), pursuant to which the Second Lien Lenders agreed to subordinate the obligations of the Credit Parties to them to the repayment of the obligations of the Credit Parties to the First Lien Lenders and further agreed to subordinate their liens on the assets of the Credit Parties to the liens granted in favor of the First Lien Lenders. Absent the occurrence of an Event of Default under the Fourth Amended and Restated Credit Agreement, the Second Lien Lenders were permitted to receive regularly scheduled principal and interest payments under the Term Loan Credit Agreement.
	In connection with the Credit Agreement and Amended Second Lien Credit Agreement described above, on March 27, 2015 Rand and certain of its subsidiaries (collectively, the "New Credit Parties") entered into an Intercreditor Agreement (the “Intercreditor Agreement”) with Bank of America, N.A., as agent for the lenders under the Credit Agreement (the “New First Lien Lenders”) and Guggenheim Corporate Funding, LLC, as agent for the lenders under the Amended Second Lien Credit Agreement (the “New Second Lien Lenders”).
	Under the Intercreditor Agreement the New Second Lien Lenders have agreed to subordinate the obligations of the New Credit Parties to them to the repayment of the obligations of the New Credit Parties to the New First Lien Lenders and have further agreed to subordinate their liens on the assets of the New Credit Parties to the liens granted in favor of the New First Lien Lenders.  Absent the occurrence of an Event of Default under the Credit Agreement, the New Second Lien Lenders are permitted to receive regularly scheduled principal and interest payments under the Amended Second Lien Credit Agreement.

COMMITMENTS

COMMITMENTS	12 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS	COMMITMENTS
	The Company did not have any leases which met the criteria of a capital lease as of March 31, 2015. Leases which do not qualify as capital leases are classified as operating leases. Operating lease rental and sublease rental payments included in general and administrative expenses are as follows:
			Year ended March 31, 2015		Year ended March 31, 2014		Year ended March 31, 2013
	Operating leases		$	592	$	562	$	459
	Operating sublease		163		159		155
			$	755	$	721	$	614
	The Company’s future minimum rental commitments under other operating leases are as follows.
	Twelve month period ending:
	31-Mar-16	$	512
	31-Mar-17	399
	31-Mar-18	340
	31-Mar-19	274
	31-Mar-20	231
	Thereafter	231
		$	1,987
	The Company was a party to a bareboat charter agreement for the McKee Sons barge that was to expire in December 2018.  The chartering cost included in vessel operating expenses was $Nil for the twelve month period ended March 31, 2015 ($760 for the twelve month period ended March 31, 2014). This bareboat charter agreement was amended on February 22, 2008 to provide a lease payment deferment in return for leasehold improvements. The bareboat charter agreement contained a clause whereby annual payments escalated at the Consumer Price Index, capped at a maximum annual increase of 3%. On December 22, 2014, the Company terminated this bareboat charter agreement. The costs associated with such termination, including write-off of net book value of leasehold improvements and vessel delivery cost, were $2,660.
	As of March 31, 2015, the Company had signed contractual commitments with several suppliers totaling $19,707 ($1,801 as of March 31, 2014) in connection with capital expenditures and shipyard projects due in less than one year.

CONTINGENCIES

CONTINGENCIES	12 Months Ended
	Mar. 31, 2015
Loss Contingency [Abstract]
CONTINGENCIES	CONTINGENCIES
	The Company is not involved in any legal proceedings which management expects to have a material adverse effect on the Company's business, financial position, results of operations or liquidity, nor is the Company aware of any proceedings that are pending or threatened which management believes may have a material adverse effect on the Company’s business, financial position, results of operations or liquidity. From time to time, the Company may be subject to ordinary routine litigation and claim incidental to the business involving principally commercial charter party disputes, and claims for alleged property damages, personal injuries and other matters. Those claims, even if lacking merit, could result in the expenditure of significant financial and managerial resources.  It is expected that larger claims would be covered by insurance, subject to customary deductibles, if they involve liabilities that may arise from allision, other marine casualty, damage to cargoes, oil pollution, death or personal injuries to crew. The Company evaluates the need for loss accruals under the requirements of ASC 450 – Contingencies.  The Company records an estimated loss for any claim, lawsuit, investigation or proceeding when it is probable that a liability has been incurred and the amount of the loss can reasonably be estimated. If the reasonable estimate of a probable loss is a range, and no amount within the range is a better estimate, then the Company records the minimum amount in the range as the loss accrual. If a loss is not probable or a probable loss cannot be reasonably estimated, no liability is recorded. As of March 31, 2015 an accrual of $247 ($138 as of March 31, 2014) was recorded for various claims.  Management believes that it has recorded adequate reserves and believes that it has adequate insurance coverage or has meritorious defenses for these claims.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY
	On September 21, 2011, the Company completed a public underwritten offering of 2,800,000 shares of the Company’s common stock for $6.00 per share.  The Company’s proceeds from the offering, net of underwriter’s commissions and expenses, were $15,525.
	On February 11, 2011, in connection with the Company's acquisition of two vessels, the Company issued 1,305,963 shares of the Company’s common stock to the seller of such vessels. Such shares were valued at the average of high and low price on that day of $5.175.
	The Company is authorized to issue 1,000,000 shares of preferred stock with such designations, voting and other rights and preferences that may be determined from time to time by the Board of Directors. On March 3, 2006, the Company issued 300,000 shares of series A convertible preferred stock. The shares of the Company's series A preferred stock: rank senior to the Company’s common stock with respect to liquidation and dividends; are entitled to receive a cash dividend at the annual rate of 7.75% (based on the $50 per share issue price) payable quarterly (subject to increases of 0.5% for each six month period in respect of which the dividend is not timely paid, up to a maximum of 12%, subject to reversion to 7.75% upon payment of all accrued and unpaid dividends); are convertible into shares of the Company’s common stock at any time at the option of the series A preferred stockholder at a conversion price of $6.20 per share (based on the $50 per share issue price and subject to adjustment) or 8.065 shares of common stock for each series A preferred share (subject to adjustment); are convertible into shares of the Company’s common stock (based on a conversion price of $6.20 per share, subject to adjustment) at the option of the Company if, after the third anniversary of the acquisition, the trading price of the Company’s common stock for 20 trading days within any 30 trading day period equals or exceeds $8.50 per share (subject to adjustment); may be redeemed by the Company in connection with certain change of control or acquisition transactions; will vote on an as-converted basis with the Company’s common stock; and have a separate vote over certain material transactions or changes involving the Company.
	The accrued preferred stock dividends payable at March 31, 2015 were $587 and at March 31, 2014 were $Nil. As of March 31, 2015 and March 31, 2014, the effective dividend rate of the preferred stock was 7.75%.
	18	STOCKHOLDERS’ EQUITY (continued)
	Since January 2007, share-based compensation has been granted to management and directors from time to time.  The Company had no surviving, outstanding share-based compensation agreements with employees or directors prior to that date except as described below.  The Company has reserved 2,500,000 shares for issuance under the Company’s 2007 Long Term Incentive Plan (the “LTIP”) to employees, officers, directors and consultants.  At March 31, 2015, a total of 429,634 shares (589,066 shares at March 31, 2014) were available under the LTIP for future awards.
	The following table summarizes shares issued to officers under employment agreements and restricted stock agreements from time to time.
	Date issued	No. of Officers Covered	No. of Shares	Share Price	Reference	Expense
					Vesting	March 31, 2015	March 31, 2014	March 31, 2013
	Oct 13, 2009	1	39,660	3.17	Employment Agreement	—	26	26
					20% in each of five fiscal years ending March 31, 2014.
	Feb 24, 2010	2	76,691	4.34	Restricted Share Award Agreement	—	—	93
					Three years in equal installments on each anniversary date.
	Apr 5, 2010	4	37,133	5.32	Restricted Share Award Agreement	—	—	66
					Three years in equal installments on each anniversary date.
	Apr 8, 2011	6	86,217	7.94	Restricted Share Award Agreement	—	225	226
					Three years in equal installments on each anniversary date.
	Apr 11, 2012	2	45,754	8.68	Restricted Share Award Agreement	132	132	132
					Three years in equal installments on each anniversary date.
	Feb 22, 2013	4	32,387	5.96	Restricted Share Award Agreement	82	95	8
					Two years in equal installments on each anniversary date.
	Jun 5, 2013	6	54,337	5.55	Restricted Share Award Agreement	102	83	—
					Three years in equal installments on each anniversary date.
	Jul 22, 2014	10	105,189	5.9	Restricted Share Award Agreement	163	—	—
					Three years in equal installments on each anniversary date.
	For all share-based compensation, as employees and directors render service over the vesting periods, expense is recorded in general and administrative expenses. Share capital and additional paid-in capital are increased on the grant date with an offset to prepaid assets. Grant date fair market value for all non-option share-based compensation is the average of the high and low trading prices on the date of grant.
	18.    STOCKHOLDERS’ EQUITY (continued)
	The general characteristics of share-based awards granted under the LTIP through March 31, 2015 are as follows:
	Stock Awards - All of the shares issued to non-employee outside directors vest immediately.  The first award to non-employee outside directors in the amount of 12,909 shares was made on February 13, 2008 for services through March 31, 2008.  During the fiscal year ended March 31, 2009, the Company awarded 15,948 shares for services from April 1, 2008 through December 31, 2008. The Company awarded 37,144 shares during the fiscal year ended March 31, 2010 for services from January 1, 2009 through March 31, 2010. During the fiscal year ended March 31, 2011, the Company awarded 14,007 shares for services provided from April 1, 2010 through March 31, 2011. During the fiscal year ended March 31, 2012, the Company awarded 10,722 shares for services from April 1, 2011 to March 31, 2012. During the fiscal year ended March 31, 2013, the Company awarded 10,854 shares for services provided from April 1, 2012 to March 31, 2013. During the fiscal year ended March 31, 2014, the Company awarded 19,256 shares for services rendered from April 1, 2013 to March 31, 2014. During the twelve month period ended March 31, 2015, the Company awarded 26,067 shares for services rendered from April 1, 2014 to March 31, 2015. Grant date fair market value for all these awards is the average of the high and low trading prices of the Company’s common stock on the date of grant.
	On July 31, 2008, the Company’s Board of Directors authorized management to make payments effective as of that date to the participants in the management bonus program. Pursuant to the terms of the management bonus program, Rand issued 478,232 shares of common stock to such employee participants.
	Stock Options - Stock options granted to management employees vest over three years in equal annual installments. All options issued through March 31, 2015 expire ten years from the date of grant. Stock option grant date fair values are determined at the date of grant using a Black-Scholes option pricing model, a closed-form fair value model based on market prices at the date of grant. At each grant date the Company has estimated a dividend yield of 0%.  The weighted average risk free interest rate within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant, which was 4.14% for the fiscal 2009 (July 2008) grant. Expected volatility for the fiscal 2009 grants was based on the prior 26 week period, which reflected trading and volume after the Company made major announcements on acquisitions and capital investments. Expected volatility was 39.49% for the fiscal 2009 grant. Options outstanding (479,785) at March 31, 2015, had a remaining weighted average contractual life of approximately three years.  The Company recorded compensation expenses related to such stock options of $Nil for twelve month periods ended March 31, 2015 and March 31, 2014. All of the stock options granted in February 2008 (243,199) and July 2008 (236,586), had vested as of March 31, 2015. None of the outstanding stock options were in-the money as of March 31, 2015 or March 31, 2014.
	Shares issued under Employees’ Retirement Savings Plans - The Company issued an aggregate of 204,336 shares to the individual retirement plans of all eligible Canadian employees under the LTIP from July 1, 2009 through March 31, 2015.  The Canadian employees’ plans are managed by independent brokerages. These shares vested immediately but are subject to the Company’s Insider Trading Policy. The shares were issued using the fair value share price, as defined by the LTIP, as of the first trading day of each month for that previous period’s accrued expense. The Company granted $Nil of equity of such accrued compensation expense for each of the twelve month periods ended March 31, 2015 and 2014.
	Shares issued in lieu of cash compensation - The Company experienced a decrease in customer demand at the beginning of the 2009 sailing season and in an effort to maximize the Company’s liquidity, the Compensation Committee of the Company’s Board of Directors requested that five of the Company’s executive officers and all of its outside directors receive common stock as compensation in lieu of cash until the Company had better visibility about its outlook. As of November 16, 2009, the Company issued 158,325 shares to such officers and all of its outside directors at the average of the high and low sale prices Company’s common stock on the date of grant. The shares were issued under the LTIP and vested immediately. Beginning the third quarter of the fiscal year ended March 31, 2010, such executives' and outside directors’ compensation reverted back to cash.
	18.    STOCKHOLDERS’ EQUITY (continued)
	On September 16, 2010, the Company issued 15,153 shares to a key executive for payment of the fiscal year 2010 bonus at the average of the high and low sale prices of the Company’s common stock on the date of grant. The shares were issued under the LTIP and vested immediately. On February 15, 2013, the Company issued 94,993 shares to eligible Canadian and U.S. employees for a bonus at the average of the high and low trading prices of the Company’s common stock on the date of grant. The shares were issued under the LTIP and vested immediately.
	Restricted Stock Units - On June 27, 2014, the Company issued 30,050 Restricted Stock Units (“RSU”) to eligible U.S. and Canadian employees under the LTIP. Each RSU represents one share of the Company's common stock. The grant date fair value of each RSU was $5.99, which represents the average of the high and low sale prices of the Company’s common stock on the date of grant. One-third of the RSUs vest on March 31 of each year, beginning on March 31, 2015. RSUs are not entitled to dividends or voting rights, if any, until the underlying shares of common stock are delivered. The total compensation cost of this grant is $204, net of estimated forfeitures. The fair value of the RSU awards is recognized on a straight-line basis over the vesting period. The Company recorded expense of $63 for the twelve month period ended March 31, 2015 and $0 for the twelve month period ended March 31, 2014. On the first vesting date of March 31, 2015, 10,559 shares were issued.
	Stock Options:		31-Mar-15							31-Mar-14
			Number of Options			Weighted Average Exercise Price per Share				Number of Options		Weighted Average Exercise Price per Share
	Outstanding - beginning of year		479,785			$	5.66			479,785		$	5.66
	Granted		—			—				—		—
	Exercised		—			—				—		—
	Forfeitures		—							—
	Expired		—							—
	Outstanding-end of year		479,785			$	5.66			479,785		$	5.66
	Other data		31-Mar-15			31-Mar-14			31-Mar-13
	(In thousands except weighted average fair value):
	Weighted average grant date fair value of options granted during year		—			—			—
	Compensation expense		—			—			—
	Unrecognized compensation cost at March 31		—			—			—
	Weighted average remaining life for unrecognized compensation		0			0			0
	18.    STOCKHOLDERS’ EQUITY (continued)
	Restricted Stock:		31-Mar-15						31-Mar-14
	Date Issued		Number of Shares			Weighted Average Value at Grant Date			Number of Shares		Weighted Average Value at Grant Date
		Unvested beginning of the year	129,772			$	6.47		155,929		$	6.8
	23-Jul-14	Granted	103,315			5.9			—		—
	5-Jun-13	Granted	—			—			54,337		5.55
	22-Feb-13	Granted	—			—			—		—
	11-Apr-12	Granted	—			—			—		—
	13-Oct-09	Vested	—			—			(7,932	)	3.17
	24-Feb-10	Vested	—			—			—		—
	5-Apr-10	Vested	—			—			(12,377	)	5.32
	8-Apr-11	Vested	(28,739	)		7.94			(28,740	)	7.94
	11-Apr-12	Vested	(15,252	)		8.68			(15,251	)	8.68
22-Feb-13	Vested	(16,193	)		5.96			(16,194	)	5.96
5-Jun-13	Vested	(18,113	)		5.55			—		—
	Cancelled	—			—			—		—
	Unvested - end of the year	154,790			$	6.22		129,772		$	6.47
	Other data (In thousands):				31-Mar-15					31-Mar-14
	Compensation expense				$	478				$	561
	Unrecognized compensation cost March 31				532					468
	Weighted average remaining life for unrecognized compensation				1.5 years					1.3 years

OUTSIDE_VOYAGE_CHARTER_FEES_No

OUTSIDE VOYAGE CHARTER FEES (Notes)	12 Months Ended
	Mar. 31, 2015
Outside Voyage Charter Fees [Abstract]
Outside Voyage Charter Fees	OUTSIDE VOYAGE CHARTER FEES
	Outside voyage charter fees relate to the subcontracting of external vessels chartered to service the Company’s customers and supplement the existing shipments made by the Company’s operated vessels.

INTEREST_EXPENSE

INTEREST EXPENSE	12 Months Ended
	Mar. 31, 2015
Interest Expense [Abstract]
INTEREST EXPENSE	INTEREST EXPENSE
	Interest expense, net of interest capitalized is comprised of the following:
		Year ended March 31, 2015			Year ended March 31, 2014		Year ended March 31, 2013
	Bank indebtedness	$	544		$	748	$	839
	Amortization of deferred financing costs	1,305			584		814
	Long-term debt-senior	4,840			7,444		7,719
	Long-term debt-subordinated	7,942			454		—
	Interest rate swaps	—			—		1,104
	Interest rate caps	10			8		65
	Deferred payment liability	100			135		168
	Interest capitalized	(734		)	—		(538		)
		$	14,007		$	9,373	$	10,171

SEGMENT_INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION
	The Company has identified only one reportable segment under ASC 280 “Segment Reporting”.
	Information about geographic operations is as follows:
			Year ended March 31, 2015			Year ended March 31, 2014		Year ended March 31, 2013
	Revenue by country:
	Canada		$	87,261		$	91,109	$	92,813
	United States		65,699			64,695		63,825
			$	152,960		$	155,804	$	156,638
	Revenues from external customers are allocated based on the country of the legal entity of the Company in which the revenues were recognized.
		March 31, 2015			March 31, 2014
	Property and equipment, net by country:
	Canada	$	92,436		$	99,050
	United States	113,840			116,437
		$	206,276		$	215,487
	Intangible assets, net by country:
	Canada	$	7,457		$	9,666
	United States	5,748			6,567
		$	13,205		$	16,233
	Goodwill by country:
	Canada	$	8,284		$	8,284
	United States	1,909			1,909
		$	10,193		$	10,193
	Total assets by country:
	Canada	$	122,395		$	130,817
	United States	127,895			134,189
		$	250,290		$	265,006

FINANCIAL_INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Mar. 31, 2015
Financial Instruments [Abstract]
FINANCIAL INSTRUMENTS	ir value of financial instruments
	Financial instruments are comprised of cash and cash equivalents, accounts receivable, accounts payable, long-term debts, a deferred payment liability, accrued liabilities and bank indebtedness.  The estimated fair values of cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities approximate book values because of the short-term maturities of these instruments.  The estimated fair value of senior and subordinated debt approximates the carrying value as the debt bears interest at variable interest rates, which are based on rates for similar debt with similar credit rates in the open market.  The deferred payment liabilities are valued based on the interest rate of similar debt in the open market.
	Fair value guidance establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. A financial asset's or liability's classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.
	In August 2014, the Company entered into rolling foreign currency hedge contracts to mitigate currency fluctuation risk on its subordinated U.S. dollar denominated debt owed by Lower Lakes Towing.
	Fair value guidance establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 inputs are unobservable inputs based on our own assumptions used to measure assets and liabilities at fair value. A financial asset or liability's classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.
	The following table provides the fair value of the foreign currency hedge contract measured on a recurring basis as of March 31, 2015 and March 31, 2014:
			Fair value measurements at March 31, 2015			Fair value measurements at
						31-Mar-14
		Carrying	Quoted	Significant other	Carrying	Quoted	Significant other
		value at	prices in	observable	value at	prices in	observable
		31-Mar-15	active markets	inputs	March 31,	active markets	inputs
			(Level 1)	(Level 2)	2014	(Level 1)	(Level 2)
	Foreign currency hedge contract	$573	$—	$573	$—	$—	$—
	The foreign currency hedge contract is measured at fair value using available rates on the similar instruments and is classified within Level 2 of the valuation hierarchy. This contract is accounted for using the mark-to-market accounting method as if the contract were terminated at the day of valuation. There were no transfers into or out of Levels 1 and 2 of the fair value hierarchy during the twelve month period ended March 31, 2015.
	The Company recorded a receivable of $573 as of March 31, 2015 for this foreign currency hedge contract on the Company’s U.S. dollar denominated subordinated debt owed by Lower Lakes Towing. For the twelve month period ended March 31, 2015, the fair value adjustment of the foreign currency hedge contract resulted in a gain of $4,119. This gain is included in the Company’s earnings and the fair value of settlement cost to terminate the contract is included in current assets on the Company's consolidated balance sheet.
	22.    FINANCIAL INSTRUMENTS (continued)
	The following table sets forth the fair value of the foreign currency hedge instrument as of the dates set forth below:
	Derivatives not designated as hedging instrument:	Balance Sheet location	Fair Value as at	Fair Value as at
			31-Mar-15	31-Mar-14
	Foreign currency hedge contract	Accounts receivable	$573	$—
	The Company has not designated this contract as a hedging instrument. The changes in fair value of the foreign currency hedge contracts are recorded in earnings as follows:
	Derivatives not designated as hedging instrument:	Location of (gain) loss	Year ended March 31, 2015	Year ended March 31, 2014
		-Recognized in
		earnings
	Foreign currency hedge contract	(Gain) loss on foreign exchange	($4,119)	$—
	Foreign exchange risk
	Foreign currency exchange risk to the Company results primarily from changes in exchange rates between the Company’s reporting currency, the U.S. Dollar, and the Canadian dollar.  As discussed above, in August 2014, the Company entered into a rolling foreign currency hedge contract to mitigate currency fluctuation risk on its U.S. dollar denominated subordinated debt owed by Lower Lakes Towing. The Company is exposed to fluctuations in foreign exchange as a significant portion of revenue and operating expenses are denominated in Canadian dollars.
	Interest rate risk
	The Company is exposed to fluctuations in interest rates as a result of its banking facilities and senior debt bearing variable interest rates.
	In December 2012, the Company entered into two interest rate cap contracts covering 50% of its then outstanding term debt on the date of such contracts at a cap of three month Libor at 2.5% on its U.S. Term Debt borrowings and a cap of three month BA rates at 3.0% on its Canadian Term Debt borrowings. The notional amount on each of these instruments will decrease with each scheduled principal payment of the term loan under the Third Amended and Restated Credit Agreement, notwithstanding the termination of such agreement. The interest rate cap contracts will terminate on December 1, 2015. Such contracts cover approximately 62% of first lien loan as of March 31, 2015.
	Credit risk
	Accounts receivable credit risk is mitigated by the diversification of the Company’s customers among industries and the short shipping season.
	Liquidity risk
	A tightened credit in financial markets or an economic downturn in certain of our markets may adversely affect the ability of the Company’s customers and suppliers to obtain financing for significant operations and purchases and to perform their obligations under agreements with the Company.  A tightening of credit could (i) result in a decrease in, or cancellation of, existing business, (ii) limit new business, (iii) negatively impact the Company’s ability to collect accounts receivable on a timely basis and (iv) affect the eligible receivables that are collateral for the Company’s lines of credit.  Excluding vessel acquisitions or major vessel conversion contracts, the Company makes seasonal net incremental borrowings under its Credit Agreement during the first quarter of each fiscal year to fund working capital needed to commence the sailing season. Such borrowings are then reduced during the second half of each fiscal year.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE
	The Company had a total of 18,035,427 shares of common stock issued and outstanding as of March 31, 2015, out of an authorized total of 50,000,000 shares. The fully diluted calculation utilizes a total of 20,325,074 shares for the twelve month period ended March  31, 2015, 20,217,804 for the twelve month period ended March 31, 2014 and 20,172,616 for the twelve month period ended March 31, 2013. Since the calculation for twelve month periods ended March 31, 2015, March 31, 2014 and March 31, 2013 are anti-dilutive, the basic and fully diluted weighted average shares outstanding are 17,847,939, 17,912,647 and 17,740,372, respectively. The convertible preferred shares convert to an aggregate of 2,419,355 common shares based on a conversion price of $6.20.
		Year ended March 31, 2015			Year ended March 31, 2014			Year ended March 31, 2013
	Numerator:
	Net income before preferred dividends	$	(9,420	)	$	(4,507	)	$	(3,819	)
	Preferred stock dividends	(1,168		)	(3,429		)	(3,173		)
	Net income applicable to common stockholders	$	(10,588	)	$	(7,936	)	$	(6,992	)
	Denominator:
	Weighted average common shares for basic EPS	17,847,939			17,912,647			17,740,372
	Effect of dilutive securities:
	Average price during period	5.15			5.62			7.26
	Long term incentive stock option plan	479,785			479,785			479,785
	Average exercise price of stock options	5.66			5.66			5.66
	Shares that could be acquired with the proceeds of options	—			—			374,228
	Dilutive shares due to options	—			—			105,557
	Restricted Stock Units (RSU)	22,858			—			—
	Average exercise price of RSU	5.99			—			—
	Shares that could be acquired with the proceeds of RSU	—			—			—
	Dilutive shares due to RSU	—			—			—
	Incremental shares due to unvested restricted shares	57,780			25,734			61,806
	Weighted average convertible preferred shares at $6.20	2,419,355			2,419,355			2,419,355
	Weighted average common shares for diluted EPS	17,847,939			17,912,647			17,740,372
	Basic EPS	$	(0.59	)	$	(0.44	)	$	(0.39	)
	Diluted EPS	$	(0.59	)	$	(0.44	)	$	(0.39	)

RELATED_PARTY_TRANSACTIONS_REL

RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS	12 Months Ended
	Mar. 31, 2015
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS
	The Company presently occupies office space provided by an affiliate of our Executive Vice Chairman. The related party has agreed that they will make such office space, as well as certain office services, available to the Company as may be required by the Company from time to time. The Company agreed to pay the affiliate $13 per month, such that total lease expense paid to such affiliate was $163 in the fiscal year ended March 31, 2015, $159 in the fiscal year ended March 31, 2014 and $155 in the fiscal year ended March 31, 2013.   The Company reimbursed two affiliates for certain out of pocket costs of $68 in 2015, $75 in 2014 and $57 in 2013 for office expenses and other services. The consolidated statements of operations for the fiscal years ended March 31, 2015, 2014 and 2013 include $231, $240 and $212 respectively, related to such transactions.

ECONOMIC_DEPENDENCE_ECONOMIC_D

ECONOMIC DEPENDENCE ECONOMIC DEPENDENCE	12 Months Ended
	Mar. 31, 2015
Risks and Uncertainties [Abstract]
ECONOMIC DEPENDENCE	ECONOMIC DEPENDENCE
	The Company had one customer in the fiscal year ended March 31, 2015, two customers in the fiscal year ended March 31, 2014 and one customer in the fiscal year ended March 31, 2013, in excess of 10% of revenue. Customers in excess of 10% of revenues accounted for a total of 15.3% of net revenue in the fiscal year ended March 31, 2015, 24% of net revenue in the fiscal year ended March 31, 2014 and 12% of net revenue in the fiscal year ended March 31, 2013.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME ACCUMULATED OTHER COMPREHENSIVE INCOME	12 Months Ended
	Mar. 31, 2015
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
	ASC 220, “Comprehensive Income”, establishes standards for the reporting and display of comprehensive income (loss), which is defined as revenue, expenses, gains and losses that are recorded as an element of shareholders’ equity but are excluded from net income. Comprehensive (loss) income is reflected in the Consolidated Statement of Stockholder's equity and Other Comprehensive (Loss) Income. The components of, and changes in, comprehensive income (loss) and accumulated other comprehensive (loss) income consist of translation adjustments arising from the translation of the parent Company accounts in the Canadian subsidiary from Canadian dollar functional currency to U.S. dollar reporting currency. Included in comprehensive (loss) income and accumulated other comprehensive income are the effects of foreign currency translation adjustments loss of $4,449 in the fiscal year ended March 31, 2015, loss of $4,144 in the fiscal year ended March 31, 2014 and loss of $1,159 in fiscal year ended March 31, 2013.

SELECTED_QUARTERLY_FINANCIAL_D

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Mar. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
	The following is a tabulation of the unaudited quarterly results of operations for the two years ended March 31, 2015:
		Three Months Ended
		30-Jun-14		30-Sep-14		31-Dec-14		31-Mar-15
	Total Revenue	$	43,309	$	54,270	$	49,065	$	6,316
	Operating Income	6,157		10,246		6,357		(15,436		)
	Net income (loss)applicable to common stockholders	1,768		5,546		3,969		(21,871		)
	Net income (loss) per share – basic	$	0.1	$	0.31	$	0.22	$	(1.22	)
	Net income (loss) per share – diluted	$	0.1	$	0.29	$	0.21	$	(1.22	)
		Three Months Ended
		30-Jun-13		30-Sep-13		31-Dec-13		31-Mar-14
	Total Revenue	$	48,401	$	50,541	$	49,899	$	6,963
	Operating Income	6,492		10,200		7,674		(13,417		)
	Net income (loss) applicable to common stockholders	1,724		336		775		(10,771		)
	Net income (loss) per share – basic and diluted	$	0.1	$	0.02	$	0.04	$	(0.60	)

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Cash and cash equivalents	Cash and cash equivalents
	The Company considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
Accounts receivable and concentration of credit risk	Accounts receivable and concentration of credit risk
	The majority of the Company’s accounts receivable are amounts due from customers and other accounts receivable, including insurance and Harmonized Sales Tax refunds.  The majority of accounts receivable are due within 30 to 60 days and are stated at amounts due from customers net of an allowance for doubtful accounts. The Company extends credit to its customers based upon its assessment of their creditworthiness and past payment history. Accounts outstanding longer than the contractual payment terms are considered past due.
Revenue and operating expenses recognition	Revenue and operating expenses recognition
	The Company generates revenues from freight billings under contracts of affreightment (voyage charters) generally on a rate per ton basis based on origin-destination and cargo carried. Voyage revenue is recognized ratably over the duration of a voyage, which average from 2 to 3 days, based on the relative transit time in each reporting period when the following conditions are met: the Company has a signed contract of affreightment, the contract price is fixed or determinable and collection is reasonably assured.  Included in freight billings are other fees such as fuel surcharges and other freight surcharges, which represent pass-through charges to customers for toll fees, lockage fees and ice breaking fees paid to other parties.  Fuel surcharges are recognized ratably over the duration of the voyage, while freight surcharges are recognized when the associated costs are incurred. Freight surcharges are less than 5% of total revenue.
	Marine operating expenses such as crewing costs, fuel, tugs and insurance are recognized as incurred or consumed and thereby are recognized ratably in each reporting period. Repairs and maintenance and certain other insignificant costs are recognized as incurred.
	The Company subcontracts excess customer demand to other freight providers.  Service to customers under such arrangements is transparent to the customer and no additional services are provided to customers.  Consequently, revenues recognized for customers serviced by freight subcontractors are recognized on the same basis as described above.  Costs for subcontracted freight providers, presented as “outside voyage charter fees” in the consolidated statements of operations, are recognized as incurred and therefore are recognized ratably over the voyage.
	The Company accounts for sales taxes imposed on its services on a net basis in the consolidated statements of operations.
	In addition, all revenues are presented on a gross basis.
Vessel acquisitions	Vessel acquisitions
	Vessels are stated at cost, which consists of the purchase price and any material expenses incurred upon acquisition, such as initial repairs, improvements, delivery expenses and other expenditures to prepare the vessel for its initial voyage. Subsequent expenditures for conversions and major improvements are also capitalized when they appreciably extend the life, increase the earnings capacity or improve the efficiency or safety of the vessels. Significant financing costs incurred during the construction period of the vessels are also capitalized and included in the vessels' cost.
Fuel and lubricant inventories	Fuel and lubricant inventories
	Raw materials, fuel and certain operating supplies are accounted for on a first-in, first-out cost method (based on monthly averages). Raw materials and fuel are stated at the lower of actual cost (first-in, first-out method) or market and are included in prepaid expenses and other current assets in the accompanying consolidated balance sheets. Operating supplies are stated at actual cost or average cost.
Intangible assets and goodwill	Intangible assets and goodwill
	Intangible assets consist primarily of goodwill, deferred financing costs, trademarks, trade names and customer relationships and contracts. Intangible assets are amortized as follows:
	Trademarks and trade names	10 years straight-line
	Customer relationships and contracts	15 years straight-line
	Deferred financing costs are amortized on a straight-line basis over the term of the related debt, which approximates the effective interest method.
Property and equipment	Property and equipment
	Property and equipment are recorded at cost.  Depreciation methods for property and equipment are as follows:
	Vessels	5 - 25 years straight-line
	Leasehold improvements	7 - 11 years straight-line
	Vehicles	20% declining-balance
	Furniture and equipment	20% declining-balance
	Computer equipment	45% declining-balance
	Communication equipment	20% declining-balance
Impairment of fixed assets	Impairment of fixed assets and finite-lived intangible assets
	Fixed assets (e.g. property and equipment) and finite-lived intangible assets (e.g. customer lists) are tested for impairment upon the occurrence of a triggering event that indicates the carrying value of such an asset or asset group (e.g. tugs and barges), might be no longer recoverable. Examples of such triggering events include a significant disposal of a portion of such assets, an adverse change in the market involving the business employing the related asset(s), a significant decrease in the benefits realized from an acquired business, difficulties or delays in integrating the business, and a significant change in the operations of an acquired business.
	Once a triggering event has occurred, the recoverability test employed is based on whether the intent is to hold the asset(s) for continued use or to hold the asset(s) for sale. If the intent is to hold the asset(s) or group of asset(s) for continued use, the recoverability test involves a comparison of undiscounted cash flows excluding interest expense but including any proceeds from eventual disposition, against the carrying value of the asset(s) as an initial test. If the carrying value of such asset(s) exceeds the undiscounted cash flow, the asset(s) would be deemed to be impaired. Impairment would then be measured as the difference between the fair value of the fixed or amortizing intangible asset and the carrying value of such asset(s). The Company generally determines fair value by using the discounted cash flow method. If the intent is to hold the asset(s) for sale and certain other criteria are met (i.e. the asset(s) can be disposed of currently, appropriate levels of authority have approved the sale and there is an actively pursuing buyer), the impairment test is a comparison of the asset’s carrying value to its fair value less costs to sell. To the extent that the carrying value is greater than the asset’s fair value less costs to sell, an impairment loss is recognized for the difference. The Company has determined that there were no adverse changes in our markets or other triggering events that could affect the valuation of our assets during the twelve month period ended March 31, 2015.
Impairment of goodwill	Impairment of goodwill
	The Company annually reviews the carrying value of goodwill residing in its reporting units, to determine whether impairment may exist. Accounting Standards Codification (“ASC”) 350 “Intangibles-Goodwill and Other” and Accounting Standards Update (“ASU”) 2011-08 Intangibles—Goodwill and Other (Topic 350) - Testing Goodwill for Impairment requires that goodwill and certain indefinite-lived intangible assets be assessed annually for impairment using fair value measurement techniques. Specifically, goodwill impairment is determined using a three-step process. The first step of the goodwill impairment test is to perform a qualitative assessment before calculating the fair value of the reporting unit when testing goodwill for impairment. If the fair value of the reporting unit is determined, based on qualitative factors, to be more likely than not less than the carrying amount of the reporting unit, then entities are required to perform the two-step goodwill impairment test. The second step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The estimates of fair value of the Company’s two reporting units, which are the Company’s Canadian and U.S. operations (excluding the parent), are determined using various valuation techniques with the primary techniques being a discounted cash flow analysis and peer analysis. A discounted cash flow analysis requires various judgmental assumptions, including assumptions about future cash flows, growth rates, and discount rates. The assumptions about future cash flows and growth rates are based on the Company’s forecast and long-term estimates. Discount rate assumptions are based on an assessment of the risk inherent in the respective reporting units. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired and the third step of the impairment test is unnecessary. If the carrying amount of a reporting unit exceeds its fair value, the third step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The third step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of the existing assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the fair value of the reporting unit was the purchase price paid to acquire the reporting unit.  As of March 31, 2015, the Company conducted the qualitative assessment and determined that the fair value of its two reporting units exceeded their carrying amounts and the remaining two-step impairment testing was therefore not necessary.  The Company has determined that there were no adverse changes in our markets or other triggering events that indicated that it is more likely than not that the fair value of our reporting units was less than the carrying value of our reporting units during the twelve month period ended March 31, 2015.
Drydock costs	Drydock costs
	Drydock costs incurred during statutory Canadian and United States certification processes are capitalized and amortized on a straight-line basis over the benefit period, which is generally 60 months. Drydock costs include costs of work performed by third party shipyards and subcontractors and other direct expenses to complete the mandatory certification process.
Repairs and maintenance	Repairs and maintenance
	The Company’s vessels require repairs and maintenance each year to ensure the fleet is operating efficiently during the shipping season.  The majority of repairs and maintenance are completed in January, February, and March of each year when the vessels are inactive.  The Company expenses such routine repairs and maintenance costs as incurred.  Significant repairs to the Company’s vessels, such as major engine overhauls and major hull steel repairs, are capitalized and amortized over the remaining useful life of the upgrade or asset repaired, or the remaining lease term.
Income taxes	Income taxes
	The Company accounts for income taxes in accordance with ASC 740 “Income Taxes”, which requires the determination of deferred tax assets and liabilities based on the differences between the financial statement and income tax bases of tax assets and liabilities, using enacted tax rates in effect for the year in which the differences are expected to reverse.  A valuation allowance is recognized, if necessary, to measure tax benefits to the extent that, based on available evidence, it is more likely than not that they will be realized.
	The Company classifies interest expense related to income tax liabilities, when applicable, as part of the interest expense in its consolidated statements of operations rather than income tax expense.  To date, the Company has not incurred material interest expenses or penalties relating to assessed taxation amounts.
	An examination by the U.S. federal taxing authority for the fiscal year ended March 31, 2012 was completed in 2014, with no adjustments warranted. Lower Lakes was examined by the Canadian taxing authority for the tax years 2009 and 2010 and such examination was completed in 2013.  This audit did not result in any material adjustments for such periods. The Company's primary U.S. state income tax jurisdictions are Illinois, Indiana, Michigan, Minnesota, Pennsylvania, Wisconsin and New York and its only international jurisdictions are Canada and its province of Ontario. The following table summarizes the open fiscal tax years for each major jurisdiction:
	Jurisdiction	Open Tax Years
	Federal (U.S.A)	2011 – 2014
	Various states	2011 – 2014
	Federal (Canada)	2010 – 2014
	Ontario	2010 – 2014
Foreign currency translation	Foreign currency translation
	The Company uses the U.S. Dollar as its reporting currency.  The functional currency of the Company's Canadian subsidiaries is the Canadian Dollar.  The functional currency of the Company’s U.S. subsidiaries is the U.S. Dollar. Assets and liabilities denominated in foreign currencies are translated into U.S. Dollars at the rate of exchange at the balance sheet date, while revenue and expenses are translated at the average exchange rates prevailing during the respective month.  Components of stockholders’ equity are translated at historical exchange rates.  Exchange gains and losses resulting from translation are reflected in accumulated other comprehensive income or loss, except for financial assets and liabilities designated in foreign currency, which are reflected in the Company's consolidated statements of operations.
Advertising costs	Advertising costs
	The Company expenses all advertising costs as incurred. These costs are included in general and administrative expenses and were insignificant during the periods presented.
Use of estimates	Use of estimates
	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates used in the preparation of these financial statements include the assumptions used in determining the useful lives of long-lived assets, the assumptions used in determining whether assets are impaired, the assumptions used in determining the valuation allowance for deferred income tax assets and the assumptions used in stock based compensation awards. Actual results could differ from those estimates.
Benefit plans	Benefit plans
	The Company contributes to employee Registered Retirement Savings Plans in Canada and 401(k) plans in the United States, both of which are defined contribution plans. Contributions are expensed as operating expenses when incurred. The Company made contributions of $1,581 in 2015, $1,569 in 2014 and $1,533 in 2013.
Stock-based compensation	Stock-based compensation
	The Company recognizes compensation expense for all newly granted awards and awards modified, repurchased or cancelled based on fair value at the date of grant.
Financial instruments	Financial instruments
	The Company accounts for its foreign currency hedge contract on its subordinated debt utilizing ASC 815 “Derivatives and Hedging”. All changes in the fair value of the contracts are recorded in earnings and the fair value of settlement costs to terminate the contract is included in current assets or current liabilities on the consolidated balance sheets. Disclosure requirements of ASC 815 are presented in Note 22.
Fair value of financial instruments	Fair value of financial instruments
	ASC 820 “Fair Value Measurements and Disclosures” ("ASC 820") defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles and establishes a hierarchy that categorizes and prioritizes the inputs to be used to estimate fair value. The three levels of inputs used are as follows:
	Level 1 - Quoted prices in active markets for identical assets or liabilities.
	Level 2 - Inputs other than Level 1 that are observable for the asset or liability, either directly or indirectly, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data by correlation or other means.
	Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	The disclosure requirements of ASC 820 related to the Company’s financial assets and liabilities are presented in Note 22.
Recently issued pronouncements	Revenue from Contracts with Customers
	In May 2014, the Financial Accounting Standard Board (the "FASB")issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), which supersedes the revenue recognition requirements in ASC 605, Revenue Recognition. ASU 2014-09 requires entities to recognize revenue in a way that depicts the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is not permitted. The Company is currently evaluating the effect that this pronouncement will have on its financial statements and related disclosures.
	3	RECENTLY ISSUED PRONOUNCEMENTS (continued)
	Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern
	In August 2014, the FASB issued Accounting Standards Update 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern ("ASU 2014-15"). ASU 2014-15 provide guidance on management's responsibility in evaluating whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued when applicable). ASU 2014-15 also provides guidance related to the required disclosures as a result of management's evaluation.
	The amendments in ASU 2014-15 are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Amortization periods of intangible assets	Intangible assets consist primarily of goodwill, deferred financing costs, trademarks, trade names and customer relationships and contracts. Intangible assets are amortized as follows:
	Trademarks and trade names	10 years straight-line
	Customer relationships and contracts	15 years straight-line
Useful lives of property and equipment	Property and equipment are recorded at cost.  Depreciation methods for property and equipment are as follows:
	Vessels	5 - 25 years straight-line
	Leasehold improvements	7 - 11 years straight-line
	Vehicles	20% declining-balance
	Furniture and equipment	20% declining-balance
	Computer equipment	45% declining-balance
	Communication equipment	20% declining-balance
Open tax years	An examination by the U.S. federal taxing authority for the fiscal year ended March 31, 2012 was completed in 2014, with no adjustments warranted. Lower Lakes was examined by the Canadian taxing authority for the tax years 2009 and 2010 and such examination was completed in 2013.  This audit did not result in any material adjustments for such periods. The Company's primary U.S. state income tax jurisdictions are Illinois, Indiana, Michigan, Minnesota, Pennsylvania, Wisconsin and New York and its only international jurisdictions are Canada and its province of Ontario. The following table summarizes the open fiscal tax years for each major jurisdiction:
	Jurisdiction	Open Tax Years
	Federal (U.S.A)	2011 – 2014
	Various states	2011 – 2014
	Federal (Canada)	2010 – 2014
	Ontario	2010 – 2014

PREPAID_EXPENSES_AND_OTHER_CUR1

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)	12 Months Ended
	Mar. 31, 2015
Prepaid Expense and Other Assets, Current [Abstract]
Components of prepaid expenses and other current assets	Prepaid expenses and other current assets are comprised of the following:
		March 31, 2015		March 31, 2014
	Prepaid insurance	$	160	$	565
	Fuel and lubricant inventories	4,018		4,351
	Deposits and other prepaids	1,779		2,428
		$	5,957	$	7,344

INCOME_TAXES_Income_Taxes_Tabl

INCOME TAXES Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of foreign and domestic income before income taxes	Income (loss) before income taxes was derived from the following sources:
		Year ended March 31, 2015				Year ended March 31, 2014				Year ended March 31, 2013
	United States	$	(8,672	)		$	(5,601	)		$	(4,515	)
	Foreign	(324		)		5,917				203
		$	(8,996	)		$	316			$	(4,312	)
Schedule of components of income tax expense (benefit)	The components of the provision (recovery) for income taxes are as follows:
			Year ended March 31, 2015				Year ended March 31, 2014				Year ended March 31, 2013
	Current:
	Federal		$	—			$	—			$	(21	)
	State and local		7				17				(113		)
	Foreign		—				100				—
	Deferred:
	Federal		—				2,898				(947		)
	State and local		(172		)		85				84
	Foreign		589				1,723				504
			$	424			$	4,823			$	(493	)
Schedule of effective income tax rate reconciliation	Federal and Canadian income tax rates to income (loss) before provision for income taxes as follows:
			Year ended March 31, 2015					Year ended March 31, 2014					Year ended March 31, 2013
	Statutory U.S. federal			34	%				34	%				34	%
	income tax rate
	State income taxes			1.8	%				30.5	%				(0.2	)%
	Foreign income taxes			(0.8	)%				(155.1	)%				0.1	%
	Imputed interest income			(3.9	)%				183	%				(11.5	)%
	Federal Valuation Allowance			(29.1	)%				1,318.20	%				—	%
	Foreign Permanent Items/Other			(6.7	)%				115.7	%				(5.3	)%
	Foreign Statutory Rate Change			—	%				—	%				(5.7	)%
	Effective income tax rate			-4.70%					1526.30%					11.40%
Schedule of deferred tax assets and liabilities	The significant components of current deferred tax assets and liabilities are as follows:
			March 31, 2015				March 31, 2014
	Assets:
	Accrued liabilities not yet deductible for tax		$	4			$	159
	Deferred foreign exchange gain		787				101
	Other		—				13
			791				273
	Valuation allowance		(313		)		(37		)
	Total current deferred tax assets		478				236
	Liability:
	Deferred foreign exchange gain		—				—
	Other		(131		)		(150		)
	Total current deferred tax liabilities		(131		)		(150		)
	Net current deferred tax assets (liabilities)		$	347			$	86
	The significant components of long-term deferred tax assets and liabilities are as follows:
		31-Mar-15				March 31, 2014
	Long-term deferred tax assets
	Operating loss carry forwards	$	23,669			$	20,807
	Other	949				585
		24,618				21,392
	Valuation allowance	(8,328		)		(4,126		)
	Net long-term deferred tax assets	$	16,290			$	17,266
	Long-term deferred tax liabilities
	Separately identifiable intangibles	$	(492	)		$	(585	)
	Depreciation and dry dock expenses	(21,256		)		(21,614		)
	Other	(149		)		(201		)
	Total long-term deferred tax liabilities	$	(21,897	)		$	(22,400	)
	Net long-term deferred tax liabilities	$	(5,607	)		$	(5,134	)

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	Property and equipment, net are comprised of the following:
		March 31, 2015		March 31, 2014
	Cost
	Vessels	$	279,785	$	274,919
	Leasehold improvements	102		3,834
	Furniture and equipment	563		534
	Vehicles	16		19
	Computer, communication equipment and purchased software	2,901		2,937
		$	283,367	$	282,243
	Accumulated depreciation
	Vessels	$	74,794	$	62,694
	Leasehold improvements	78		1,953
	Furniture and equipment	283		249
	Vehicles	13		13
	Computer, communication equipment  and purchased software	1,923		1,847
		77,091		66,756
		$	206,276	$	215,487

OTHER_ASSETS_Tables

OTHER ASSETS (Tables)	12 Months Ended
	Mar. 31, 2015
Other Assets [Abstract]
Schedule of other assets	The
	current portion of such costs represents the amounts expected to be recognized as expenses during the next fiscal year.
		March 31, 2015		March 31, 2014
	Customer contract costs	$	533	$	850
	Prepaid expenses and other assets	5,993		7,224
	Total	$	6,526	$	8,074
	Current portion	5,957		7,344
	Other long term assets	$	569	$	730

DEFERRED_DRYDOCK_COSTS_NET_Tab

DEFERRED DRYDOCK COSTS, NET (Tables)	12 Months Ended
	Mar. 31, 2015
Deferred Drydock Costs [Abstract]
Schedule of deferred drydock costs	Deferred drydock costs, net are comprised of the following:
		March 31, 2015			March 31, 2014
	Drydock expenditures	$	16,607		$	15,635
	Accumulated amortization	(9,017		)	(6,314		)
		$	7,590		$	9,321
Summary of changes in deferred drydock costs	The following table shows periodic deferrals of drydock costs and amortization.
	Balance as of March 31, 2013	$	10,895
	Drydock costs accrued and incurred	2,150
	Amortization of drydock costs	(3,290		)
	Foreign currency translation adjustment	(434		)
	Balance as of March 31, 2014	$	9,321
	Drydock costs accrued and incurred	2,239
	Amortization of drydock costs	(3,343		)
	Foreign currency translation adjustment	(627		)
	Balance as of March 31, 2015	$	7,590

INTANGIBLE_ASSETS_NET_AND_GOOD1

INTANGIBLE ASSETS, NET AND GOODWILL (Tables)	12 Months Ended
	Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets and goodwill	Intangibles, net are comprised of the following:
		March 31, 2015		March 31, 2014
	Intangible assets:
	Deferred financing costs	$	6,787	$	7,331
	Trademarks and trade names	866		951
	Customer relationships and contracts	15,378		16,884
	Total identifiable intangibles	$	23,031	$	25,166
	Accumulated amortization:
	Deferred financing costs	$	686	$	75
	Trademarks and trade names	785		768
	Customer relationships and contracts	8,355		8,090
	Total accumulated amortization	9,826		8,933
	Net intangible assets	$	13,205	$	16,233
	Goodwill	$	10,193	$	10,193
Schedule of expected amortization expense	Intangible asset amortization over the next five years is estimated as follows:
	Twelve month period ending:
	31-Mar-16	$	2,377
	31-Mar-17	2,282
	31-Mar-18	2,282
	31-Mar-19	2,282
	31-Mar-20	2,134
		$	11,357

ACCRUED_LIABILITIES_Tables

ACCRUED LIABILITIES (Tables)	12 Months Ended
	Mar. 31, 2015
Payables and Accruals [Abstract]
Components of accrued liabilities	Accrued liabilities are comprised of the following:
		March 31, 2015		March 31, 2014
	Deferred financing and other transaction costs	$	396	$	560
	Payroll compensation and benefits	1,575		957
	Preferred stock dividends	587		—
	Professional fees	340		386
	Interest	1,771		767
	Winter work, deferred drydock expenditures and capital expenditures	1,293		3,961
	Capital and franchise taxes	30		36
	Other	1,636		1,289
		$	7,628	$	7,956

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	12 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of long-term debt instruments
			March 31, 2015		March 31, 2014
	a)	Canadian term loan bearing interest at Canadian Prime rate plus 3.00% at March 31, 2014 or Canadian BA rate plus 4.00% at March 31, 2014 at the Company’s option then.  The loan was repayable until April 1, 2019 with quarterly payments of CDN $137 commenced September 1, 2014 and the balance was due April 1, 2019. The Canadian term loan was repaid on March 27, 2015.	$	—	$	49,644
	b)	U.S. term loan bearing interest at LIBOR rate plus 4.00% at March 31, 2014 or U.S. base rate plus 3.00% at March 31, 2014 at the Company’s option then.  The loan was repayable until April 1, 2019 with quarterly payments of US $138 commenced September 1, 2014 and the balance was due April 1, 2019. The U.S. Term loan was repaid on March 27, 2015.	—		55,246
	c)	Canadian Revolving Facility bearing interest at BA rate or at Borrower's option Canadian Prime rate, if funded in Canadian dollar or at BA rate or LIBOR rate, if funded in U.S. Dollar at the applicable margin as discussed below. The amount outstanding is due at maturity date of September 30, 2019.	44,213		—
	d)	U. S. Revolving Facility bearing interest at US Base Rate or at Borrower's option LIBOR at the applicable margin as discussed below. The amount outstanding is due at maturity date of September 30, 2019.	57,000		—
			$	101,213	$	104,890
		Less amounts due within 12 months	—		787
			$	101,213	$	104,103
			31-Mar-15		31-Mar-14
	a)	U.S. Dollar denominated term loan (Second Lien CDN Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.	$	34,200	$	34,200
	b)	U.S. Dollar denominated term loan (Second Lien U.S. Term loan) bearing interest at LIBOR rate (as defined) plus 9.5% or U.S. base rate (as defined) plus 8.5% at the Company’s option. The loan is repayable upon maturity on March 11, 2020.	38,300		38,300
			$	72,500	$	72,500

COMMITMENTS_Tables

COMMITMENTS (Tables)	12 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of operating lease rental and sublease rental payments	Operating lease rental and sublease rental payments included in general and administrative expenses are as follows:
			Year ended March 31, 2015		Year ended March 31, 2014		Year ended March 31, 2013
	Operating leases		$	592	$	562	$	459
	Operating sublease		163		159		155
			$	755	$	721	$	614
Schedule of future minimum rental commitments	The Company’s future minimum rental commitments under other operating leases are as follows.
	Twelve month period ending:
	31-Mar-16	$	512
	31-Mar-17	399
	31-Mar-18	340
	31-Mar-19	274
	31-Mar-20	231
	Thereafter	231
		$	1,987

STOCKHOLDERS_EQUITY_Stockholde

STOCKHOLDERS' EQUITY Stockholders Equity (Tables)	12 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Schedule of share-based compensation awards	The following table summarizes shares issued to officers under employment agreements and restricted stock agreements from time to time.
	Date issued	No. of Officers Covered	No. of Shares	Share Price	Reference	Expense
					Vesting	March 31, 2015	March 31, 2014	March 31, 2013
	Oct 13, 2009	1	39,660	3.17	Employment Agreement	—	26	26
					20% in each of five fiscal years ending March 31, 2014.
	Feb 24, 2010	2	76,691	4.34	Restricted Share Award Agreement	—	—	93
					Three years in equal installments on each anniversary date.
	Apr 5, 2010	4	37,133	5.32	Restricted Share Award Agreement	—	—	66
					Three years in equal installments on each anniversary date.
	Apr 8, 2011	6	86,217	7.94	Restricted Share Award Agreement	—	225	226
					Three years in equal installments on each anniversary date.
	Apr 11, 2012	2	45,754	8.68	Restricted Share Award Agreement	132	132	132
					Three years in equal installments on each anniversary date.
	Feb 22, 2013	4	32,387	5.96	Restricted Share Award Agreement	82	95	8
					Two years in equal installments on each anniversary date.
	Jun 5, 2013	6	54,337	5.55	Restricted Share Award Agreement	102	83	—
					Three years in equal installments on each anniversary date.
	Jul 22, 2014	10	105,189	5.9	Restricted Share Award Agreement	163	—	—
					Three years in equal installments on each anniversary date.
Schedule of share-based compensation option activity
	Stock Options:		31-Mar-15							31-Mar-14
			Number of Options			Weighted Average Exercise Price per Share				Number of Options		Weighted Average Exercise Price per Share
	Outstanding - beginning of year		479,785			$	5.66			479,785		$	5.66
	Granted		—			—				—		—
	Exercised		—			—				—		—
	Forfeitures		—							—
	Expired		—							—
	Outstanding-end of year		479,785			$	5.66			479,785		$	5.66
	Other data		31-Mar-15			31-Mar-14			31-Mar-13
	(In thousands except weighted average fair value):
	Weighted average grant date fair value of options granted during year		—			—			—
	Compensation expense		—			—			—
	Unrecognized compensation cost at March 31		—			—			—
	Weighted average remaining life for unrecognized compensation		0			0			0
Schedule of share-based compensation restricted unit activity
	Restricted Stock:		31-Mar-15						31-Mar-14
	Date Issued		Number of Shares			Weighted Average Value at Grant Date			Number of Shares		Weighted Average Value at Grant Date
		Unvested beginning of the year	129,772			$	6.47		155,929		$	6.8
	23-Jul-14	Granted	103,315			5.9			—		—
	5-Jun-13	Granted	—			—			54,337		5.55
	22-Feb-13	Granted	—			—			—		—
	11-Apr-12	Granted	—			—			—		—
	13-Oct-09	Vested	—			—			(7,932	)	3.17
	24-Feb-10	Vested	—			—			—		—
	5-Apr-10	Vested	—			—			(12,377	)	5.32
	8-Apr-11	Vested	(28,739	)		7.94			(28,740	)	7.94
	11-Apr-12	Vested	(15,252	)		8.68			(15,251	)	8.68
	22-Feb-13	Vested	(16,193	)		5.96			(16,194	)	5.96
	5-Jun-13	Vested	(18,113	)		5.55			—		—
		Cancelled	—			—			—		—
		Unvested - end of the year	154,790			$	6.22		129,772		$	6.47
		Other data (In thousands):				31-Mar-15					31-Mar-14
		Compensation expense				$	478				$	561
		Unrecognized compensation cost March 31				532					468
		Weighted average remaining life for unrecognized compensation				1.5 years					1.3 years

INTEREST_EXPENSE_Tables

INTEREST EXPENSE (Tables)	12 Months Ended
	Mar. 31, 2015
Interest Expense [Abstract]
Components of interest expense	Interest expense, net of interest capitalized is comprised of the following:
		Year ended March 31, 2015			Year ended March 31, 2014		Year ended March 31, 2013
	Bank indebtedness	$	544		$	748	$	839
	Amortization of deferred financing costs	1,305			584		814
	Long-term debt-senior	4,840			7,444		7,719
	Long-term debt-subordinated	7,942			454		—
	Interest rate swaps	—			—		1,104
	Interest rate caps	10			8		65
	Deferred payment liability	100			135		168
	Interest capitalized	(734		)	—		(538		)
		$	14,007		$	9,373	$	10,171

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	12 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Revenue and long-lived assets by geographical segment	Information about geographic operations is as follows:
			Year ended March 31, 2015			Year ended March 31, 2014		Year ended March 31, 2013
	Revenue by country:
	Canada		$	87,261		$	91,109	$	92,813
	United States		65,699			64,695		63,825
			$	152,960		$	155,804	$	156,638
	Revenues from external customers are allocated based on the country of the legal entity of the Company in which the revenues were recognized.
		March 31, 2015			March 31, 2014
	Property and equipment, net by country:
	Canada	$	92,436		$	99,050
	United States	113,840			116,437
		$	206,276		$	215,487
	Intangible assets, net by country:
	Canada	$	7,457		$	9,666
	United States	5,748			6,567
		$	13,205		$	16,233
	Goodwill by country:
	Canada	$	8,284		$	8,284
	United States	1,909			1,909
		$	10,193		$	10,193
	Total assets by country:
	Canada	$	122,395		$	130,817
	United States	127,895			134,189
		$	250,290		$	265,006

FINANCIAL_INSTRUMENTS_Tables

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Mar. 31, 2015
Financial Instruments [Abstract]
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	The following table sets forth the fair value of the foreign currency hedge instrument as of the dates set forth below:
	Derivatives not designated as hedging instrument:	Balance Sheet location	Fair Value as at	Fair Value as at
			31-Mar-15	31-Mar-14
	Foreign currency hedge contract	Accounts receivable	$573	$—
	The following table provides the fair value of the foreign currency hedge contract measured on a recurring basis as of March 31, 2015 and March 31, 2014:
			Fair value measurements at March 31, 2015			Fair value measurements at
						31-Mar-14
		Carrying	Quoted	Significant other	Carrying	Quoted	Significant other
		value at	prices in	observable	value at	prices in	observable
		31-Mar-15	active markets	inputs	March 31,	active markets	inputs
			(Level 1)	(Level 2)	2014	(Level 1)	(Level 2)
	Foreign currency hedge contract	$573	$—	$573	$—	$—	$—
Schedule of contracts not designated for hedge accounting treatment, changes in fair value recorded in earnings	The changes in fair value of the foreign currency hedge contracts are recorded in earnings as follows:
	Derivatives not designated as hedging instrument:	Location of (gain) loss	Year ended March 31, 2015	Year ended March 31, 2014
		-Recognized in
		earnings
	Foreign currency hedge contract	(Gain) loss on foreign exchange	($4,119)	$—

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	12 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of earnings per share, basic and diluted
		Year ended March 31, 2015			Year ended March 31, 2014			Year ended March 31, 2013
	Numerator:
	Net income before preferred dividends	$	(9,420	)	$	(4,507	)	$	(3,819	)
	Preferred stock dividends	(1,168		)	(3,429		)	(3,173		)
	Net income applicable to common stockholders	$	(10,588	)	$	(7,936	)	$	(6,992	)
	Denominator:
	Weighted average common shares for basic EPS	17,847,939			17,912,647			17,740,372
	Effect of dilutive securities:
	Average price during period	5.15			5.62			7.26
	Long term incentive stock option plan	479,785			479,785			479,785
	Average exercise price of stock options	5.66			5.66			5.66
	Shares that could be acquired with the proceeds of options	—			—			374,228
	Dilutive shares due to options	—			—			105,557
	Restricted Stock Units (RSU)	22,858			—			—
	Average exercise price of RSU	5.99			—			—
	Shares that could be acquired with the proceeds of RSU	—			—			—
	Dilutive shares due to RSU	—			—			—
	Incremental shares due to unvested restricted shares	57,780			25,734			61,806
	Weighted average convertible preferred shares at $6.20	2,419,355			2,419,355			2,419,355
	Weighted average common shares for diluted EPS	17,847,939			17,912,647			17,740,372
	Basic EPS	$	(0.59	)	$	(0.44	)	$	(0.39	)
	Diluted EPS	$	(0.59	)	$	(0.44	)	$	(0.39	)

SELECTED_QUARTERLY_FINANCIAL_D1

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Mar. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	The following is a tabulation of the unaudited quarterly results of operations for the two years ended March 31, 2015:
		Three Months Ended
		30-Jun-14		30-Sep-14		31-Dec-14		31-Mar-15
	Total Revenue	$	43,309	$	54,270	$	49,065	$	6,316
	Operating Income	6,157		10,246		6,357		(15,436		)
	Net income (loss)applicable to common stockholders	1,768		5,546		3,969		(21,871		)
	Net income (loss) per share – basic	$	0.1	$	0.31	$	0.22	$	(1.22	)
	Net income (loss) per share – diluted	$	0.1	$	0.29	$	0.21	$	(1.22	)
		Three Months Ended
		30-Jun-13		30-Sep-13		31-Dec-13		31-Mar-14
	Total Revenue	$	48,401	$	50,541	$	49,899	$	6,963
	Operating Income	6,492		10,200		7,674		(13,417		)
	Net income (loss) applicable to common stockholders	1,724		336		775		(10,771		)
	Net income (loss) per share – basic and diluted	$	0.1	$	0.02	$	0.04	$	(0.60	)

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Significant Accounting Policies [Line Items]
Amortization period of drydock costs	60 months
Other Postretirement Benefits Payments	$1,581	$1,569	$1,533
Vehicles [Member]
Significant Accounting Policies [Line Items]
Depreciation rate	20.00%
Furniture and equipment [Member]
Significant Accounting Policies [Line Items]
Depreciation rate	20.00%
Computer equipment [Member]
Significant Accounting Policies [Line Items]
Depreciation rate	45.00%
Communication equipment [Member]
Significant Accounting Policies [Line Items]
Depreciation rate	20.00%
Trademarks and trade names [Member]
Significant Accounting Policies [Line Items]
Amortization period	10 years
Customer relationships and contracts [Member]
Significant Accounting Policies [Line Items]
Amortization period	15 years
Minimum [Member]
Significant Accounting Policies [Line Items]
Age of receivables	30 days
Minimum [Member] | Vessels [Member]
Significant Accounting Policies [Line Items]
Useful life	5 years
Minimum [Member] | Leasehold improvements [Member]
Significant Accounting Policies [Line Items]
Useful life	7 years
Maximum [Member]
Significant Accounting Policies [Line Items]
Age of receivables	60 days
Freight surcharges as a percent of revenue	5.00%
Maximum [Member] | Vessels [Member]
Significant Accounting Policies [Line Items]
Useful life	25 years
Maximum [Member] | Leasehold improvements [Member]
Significant Accounting Policies [Line Items]
Useful life	11 years

ACCOUNTS_RECEIVABLE_NET_Detail

ACCOUNTS RECEIVABLE, NET (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance for doubtful accounts	$0	$58,000

PREPAID_EXPENSES_AND_OTHER_CUR2

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014
In Thousands, unless otherwise specified
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid insurance	$160	$565
Fuel and lubricants	4,018	4,351
Deposits and other prepaids	1,779	2,428
Prepaid expenses and other current assets	$5,957	$7,344

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	($8,996)	$316	($4,312)
Current Federal Tax Expense (Benefit)	7	117	-134
Deferred Federal Income Tax Expense (Benefit)	417	4,706	-359
Income Tax Expense (Benefit)	424	4,823	-493
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory U.S. federal income tax rate	-34.00%	-34.00%	-34.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	1.80%	30.50%	-0.20%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	-0.80%	-155.10%	0.10%
Imputed interest income	-3.90%	183.00%	-11.50%
Federal Valuation Allowance	-29.10%	1318.20%	0.00%
Foreign Permanent Items/Other	-6.70%	115.70%	-5.30%
Foreign Statutory Rate Change	0.00%	0.00%	-5.70%
Effective income tax rate	-4.70%	1526.30%	11.40%
Deferred Tax Assets, Net of Valuation Allowance, Current Classification [Abstract]
Accrued liabilities not yet deductible for tax	4	159
Deferred foreign exchange gain	787	101
Other	0	13
Deferred Tax Assets, Gross	791	273
Valuation allowance	-313	-37
Total current deferred tax assets	478	236
Deferred Tax Liabilities, Net [Abstract]
Deferred Tax Liabilities, Exchange	0	0
Other	-131	-150
Deferred Tax Liabilities, Gross	-131	-150
Net current deferred tax assets (liabilities)	347	86
Deferred income taxes	347	121
Current deferred tax liabilities	0	35
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent Classification [Abstract]
Operating loss carry forwards	23,669	20,807
Other	949	585
Deferred Tax Assets, Gross, Noncurrent	24,618	21,392
Valuation allowance	-8,328	-4,126
Net long-term deferred tax assets	16,290	17,266
Deferred Tax Liabilities, Noncurrent [Abstract]
Deferred Tax Liabilities, Intangible Assets, Noncurrent	-492	-585
Deferred Tax Liabilities, Depreciation and Drydock, Noncurrent	-21,256	-21,614
Deferred Tax Liabilities, Other, Noncurrent	-149	-201
Deferred Tax Liabilities, Gross	-21,897	-22,400
Deferred tax net of Assets and Liabilities noncurrent	-5,607	-5,134
Deferred Tax Liabilities, Net, Noncurrent	5,607	5,134
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	56,402
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	13,933
Federal
Current Federal Tax Expense (Benefit)	0	0	-21
Deferred Federal Income Tax Expense (Benefit)	0	2,898	-947
Deferred Tax Liabilities, Net [Abstract]
Deferred income taxes	2
Deferred Tax Liabilities, Noncurrent [Abstract]
Deferred Tax Liabilities, Net, Noncurrent	349	638
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	2,614	4,156
State and local
Current Federal Tax Expense (Benefit)	7	17	-113
Deferred Federal Income Tax Expense (Benefit)	-172	85	84
Deferred Tax Liabilities, Noncurrent [Abstract]
Deferred Tax Liabilities, Net	104
Foreign
Current Federal Tax Expense (Benefit)	0	100	0
Deferred Federal Income Tax Expense (Benefit)	589	1,723	504
Deferred Tax Liabilities, Net [Abstract]
Deferred income taxes	345
Deferred Tax Liabilities, Noncurrent [Abstract]
Deferred Tax Liabilities, Net, Noncurrent	5,258	4,496
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount		9
United States
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	-8,672	-5,601	-4,515
Foreign
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	($324)	$5,917	$203

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Property, Plant and Equipment [Line Items]
Cost	$283,367	$282,243
Accumulated depreciation	77,091	66,756
Property and equipment, net	206,276	215,487
Payments to Acquire Vessel	14,658	7,635
Interest Costs Capitalized	734	0	538
Vessels [Member]
Property, Plant and Equipment [Line Items]
Cost	279,785	274,919
Accumulated depreciation	74,794	62,694
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	102	3,834
Accumulated depreciation	78	1,953
Furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	563	534
Accumulated depreciation	283	249
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost	16	19
Accumulated depreciation	13	13
Computer, communication equipment and purchased software [Member]
Property, Plant and Equipment [Line Items]
Cost	2,901	2,937
Accumulated depreciation	$1,923	$1,847

OTHER_ASSETS_Details

OTHER ASSETS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Other Assets [Abstract]
Amortization period of customer contract costs	5 years
Customer contract costs	$533	$850
Prepaid expenses and other assets	5,993	7,224
Total	6,526	8,074
Current portion	5,957	7,344
Other long term assets	$569	$730

DEFERRED_DRYDOCK_COSTS_NET_Bal

DEFERRED DRYDOCK COSTS, NET (Balance Sheet Details) (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
In Thousands, unless otherwise specified
Deferred Drydock Costs [Abstract]
Deferred expenditures	$16,607	$15,635
Accumulated amortization	-9,017	-6,314
Deferred drydock costs, net	$7,590	$9,321	$10,895

DEFERRED_DRYDOCK_COSTS_NET_Cha

DEFERRED DRYDOCK COSTS, NET (Changes in Deferred Balances) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Deferred Drydock Costs [Roll Forward]
Balance at beginning of period	$9,321	$10,895
Drydock costs accrued	2,239	2,150
Amortization of drydock costs	-3,343	-3,290	-3,497
Foreign currency translation adjustment	-627	-434
Balance at end of period	$7,590	$9,321	$10,895

INTANGIBLE_ASSETS_NET_AND_GOOD2

INTANGIBLE ASSETS, NET AND GOODWILL(Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	$23,031	$25,166
Accumulated amortization	9,826	8,933
Intangible assets	13,205	16,233
Goodwill	10,193	10,193
Twelve month period ending:
31-Mar-16	2,377
31-Mar-17	2,282
31-Mar-18	2,282
31-Mar-19	2,282
31-Mar-20	2,134
Total	11,357
Deferred financing costs [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	6,787	7,331
Accumulated amortization	686	75
Trademarks and trade names [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	866	951
Accumulated amortization	785	768
Customer relationships and contracts [Member]
Finite-Lived Intangible Assets, Net [Abstract]
Intangible assets, gross	15,378	16,884
Accumulated amortization	$8,355	$8,090

VESSEL_ACQUISITIONS_Details

VESSEL ACQUISITIONS (Details) (Lower Lakes Towing (17) Ltd. [Member], LalandiaSwan [Member], USD $)	Mar. 11, 2014
In Thousands, unless otherwise specified
Lower Lakes Towing (17) Ltd. [Member] | LalandiaSwan [Member]
Schedule of Significant Acquisitions and Disposals [Line Items]
Vessel purchase price	$7,000

BANK_INDEBTEDNESS_Details

BANK INDEBTEDNESS (Details)

12 Months Ended

0 Months Ended

0 Months Ended

In Thousands, unless otherwise specified

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Sep. 01, 2012

Sep. 01, 2012

Mar. 13, 2014

Sep. 01, 2012

Mar. 13, 2014

Aug. 30, 2012

Mar. 31, 2014

Mar. 11, 2014

Mar. 11, 2014

Sep. 01, 2012

Mar. 13, 2014

Sep. 01, 2012

Mar. 13, 2014

Aug. 30, 2012

Mar. 31, 2014

Mar. 11, 2014

Mar. 11, 2014

Fourth Amended and Restated Credit Agreement [Member]

Minimum [Member]

Maximum [Member]

Lower Lakes Towing Ltd. [Member]

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

CAD

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Canadian Prime Rate [Member]

Canadian Prime Rate [Member]

Canadian Prime Rate [Member]

Canadian BA Rate [Member]

Canadian BA Rate [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

US Base Rate [Member]

US Base Rate [Member]

LIBOR [Member]

LIBOR [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

CAD

CAD

USD ($)

CAD

USD ($)

CAD

USD ($)

CAD

Line of Credit Facility [Line Items]

Authorized amount of line of credit

13,500

$17,500

17,500

$13,500

$17,500

17,500

Amount of line of credit being utilized

0

0

Amount of letters of credit maintained

100

Basis spread on variable rate

3.75%

3.75%

3.00%

4.75%

4.00%

3.75%

3.00%

4.75%

4.00%

Collateral, percent of receivables eligible for collateral if not aged over 90 days

85.00%

Collateral, minimum age of receivables eligible for collateral

90 days

Collateral, receivables eligible for collateral if not aged over 90 days, percent limitation per one customer

20.00%

30.00%

ACCRUED_LIABILITIES_Details

ACCRUED LIABILITIES (Details) (USD $)	Mar. 31, 2015	Mar. 31, 2014
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]
Deferred financing and other transaction costs	$396	$560
Payroll compensation and benefits	1,575	957
Preferred stock dividends	587	0
Professional fees	340	386
Interest	1,771	767
Winter work, deferred drydock and capital expenditures	1,293	3,961
Capital and franchise taxes	30	36
Other	1,636	1,289
Accrued liabilities	$7,628	$7,956

LONGTERM_DEBT_Schedule_of_Long

LONG-TERM DEBT (Schedule of Long-term Debt) (Details)

12 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

0 Months Ended

In Thousands, unless otherwise specified

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2013

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Sep. 01, 2012

Dec. 31, 2014

Mar. 13, 2014

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2014

Mar. 13, 2014

Mar. 31, 2014

Mar. 13, 2014

Dec. 31, 2014

Mar. 13, 2014

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2014

Mar. 13, 2014

Mar. 31, 2014

Mar. 13, 2014

Mar. 27, 2015

Mar. 31, 2014

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2015

Aug. 30, 2012

Aug. 30, 2012

Aug. 30, 2012

Mar. 13, 2014

Mar. 31, 2015

Mar. 13, 2014

Mar. 31, 2015

Mar. 31, 2015

Mar. 31, 2015

Sep. 01, 2012

Mar. 13, 2014

Mar. 11, 2014

Aug. 30, 2012

Mar. 11, 2014

Mar. 11, 2014

Aug. 30, 2012

Mar. 11, 2014

Mar. 27, 2015

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2015

Mar. 31, 2014

Sep. 01, 2012

Sep. 01, 2012

Mar. 13, 2014

Mar. 13, 2014

Mar. 31, 2015

Mar. 27, 2015

Mar. 27, 2015

Mar. 11, 2014

Mar. 11, 2014

Mar. 11, 2014

Mar. 11, 2014

Mar. 27, 2015

Aug. 30, 2012

Mar. 11, 2014

Mar. 11, 2014

Aug. 30, 2012

Mar. 11, 2014

Mar. 27, 2015

Mar. 27, 2015

Mar. 11, 2014

Aug. 30, 2012

Aug. 30, 2012

Mar. 11, 2014

Mar. 11, 2014

USD ($)

USD ($)

USD ($)

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

Third Amended & Restated Credit Agreement-Dec 14 to Jun 16 [Member] [Member]

Third Amended & Restated Credit Agreement-Dec 14 to Jun 16 [Member] [Member]

Third Amended & Restated Credit Agreement-Dec 14 to Jun 16 [Member] [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Secured Debt [Member]

Secured Debt [Member]

Secured Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

Canada, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Black Creek Holdings, Inc. [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Black Creek Holdings, Inc. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Canadian Guarantors [Member]

Canadian Guarantors [Member]

US Guarantors [Member]

US Guarantors [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Secured Debt [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Swing Line Facility [Member]

Swing Line Facility [Member]

Swing Line Facility [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Credit Facitities [Member]

Secured Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Swing Line Facility [Member]

Swing Line Facility [Member]

Swing Line Facility [Member]

Credit Facitities [Member]

Canada, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Canadian Prime Rate [Member]

Canadian BA Rate [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Revolving Credit Facility [Member]

Loans Payable [Member]

Revolving Credit Facility [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Black Creek Holdings, Inc. [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien US Term Loan [Member]

Second Lien US Term Loan [Member]

Canadian Prime Rate [Member]

Canadian Prime Rate [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Credit Facitities [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien US Term Loan [Member]

Second Lien US Term Loan [Member]

LIBOR [Member]

US Base Rate [Member]

LIBOR [Member]

US Base Rate [Member]

USD ($)

Canadian Guarantors [Member]

US Guarantors [Member]

Fourth Amended and Restated Credit Agreement [Member]

USD ($)

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Amended Second Lien Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Credit Facitities [Member]

Seasonal Overadvance Facility [Member]

Seasonal Overadvance Facility [Member]

Seasonal Overadvance Facility [Member]

Seasonal Overadvance Facility [Member]

Seasonal Overadvance Facility [Member]

Canadian Term Loan [Member]

US Term Loan [Member]

Black Creek US term loan [Member]

Canadian Term Loan [Member]

US Term Loan [Member]

Black Creek US term loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

Canadian Revolving Facility [Member]

Canadian Revolving Facility [Member]

US Revolving Facility [Member]

US Revolving Facility [Member]

Canadian Term Loan [Member]

US Term Loan [Member]

Black Creek US term loan [Member]

LIBOR [Member]

LIBOR [Member]

US Base Rate [Member]

US Base Rate [Member]

LIBOR [Member]

US Base Rate [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Canadian Guarantors [Member]

USD ($)

USD ($)

USD ($)

USD ($)

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Grand River Navigation Company, Inc. [Member]

Second Lien Canadian Term Loan [Member]

Second Lien US Term Loan [Member]

USD ($)

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

Lower Lakes Transportation Company [Member]

US Guarantors [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

CAD

USD ($)

USD ($)

CAD

USD ($)

USD ($)

CAD

USD ($)

USD ($)

Canadian Prime Rate [Member]

Canadian Prime Rate [Member]

Canadian BA Rate [Member]

Canadian BA Rate [Member]

USD ($)

USD ($)

USD ($)

LIBOR [Member]

LIBOR [Member]

US Base Rate [Member]

US Base Rate [Member]

USD ($)

USD ($)

USD ($)

USD ($)

CAD

USD ($)

USD ($)

Canadian Term Loan [Member]

CAD

USD ($)

CAD

CAD

USD ($)

Revolving Credit Facility [Member]

Canadian Revolving Facility [Member]

US Revolving Facility [Member]

US Term Loan [Member]

USD ($)

USD ($)

USD ($)

USD ($)

CAD

USD ($)

USD ($)

Revolving Credit Facility [Member]

Lower Lakes Towing Ltd. [Member]

USD ($)

CAD

Lower Lakes Towing Ltd. [Member]

Lower Lakes Transportation Company [Member]

USD ($)

Canadian Revolving Facility [Member]

USD ($)

USD ($)

USD ($)

US Revolving Facility [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Debt Instrument [Line Items]

Subordinated Debt

$72,500

$72,500

$34,200

$34,200

$38,300

$38,300

Line of Credit Facility, Current Borrowing Capacity

13,500

17,500

17,500

4,000

4,000

8,000

80,000

90,000

13,500

17,500

17,500

50

50

9,000

17,500

12,000

12,000

17,000

17,000

Long-term Debt, Current and Noncurrent [Abstract]

Long-term debt

101,213

104,890

0

49,644

0

55,246

0

44,213

0

57,000

Less amounts due within 12 months

0

787

Long-term debt, excluding current maturities

101,213

104,103

Basis spread on variable rate

3.75%

4.75%

3.00%

3.00%

4.00%

4.00%

4.00%

4.00%

3.00%

3.00%

9.50%

9.50%

8.50%

8.50%

9.50%

8.50%

3.75%

3.00%

4.75%

3.75%

4.00%

3.00%

Quarterly payment

331

401

181

662

802

362

137

138

Debt Instrument Periodic Payment Percentage of Initial Principal

1.00%

1.00%

Effective interest rate including effect of interest rate swap contracts

5.26%

4.24%

3.75%

3.03%

Debtor-in-Possession Financing, Fee on Unused Borrowings

0.25%

0.38%

MaximumUnusedCommitmentBeforeRateChange

50.00%

Debt Instrument, Face Amount

52,979

64,127

28,934

54,882

55,246

34,200

38,300

Debt Instrument, Unused Borrowing Capacity, Amount

40,537

32,500

22,500

Loss on extinguishment of debt

$2,331

$1,267

$3,339

LONGTERM_DEBT_Additional_Infor

LONG-TERM DEBT (Additional Information) (Details)

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

9 Months Ended

12 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

In Thousands, unless otherwise specified

Mar. 31, 2015

Mar. 31, 2014

Mar. 31, 2013

Sep. 01, 2012

Sep. 01, 2012

Mar. 13, 2014

Mar. 31, 2015

Mar. 13, 2014

Dec. 31, 2014

Mar. 31, 2015

Aug. 30, 2012

Dec. 31, 2014

Mar. 31, 2014

Sep. 01, 2012

Mar. 31, 2014

Mar. 13, 2014

Mar. 31, 2014

Mar. 13, 2014

Aug. 30, 2012

Dec. 31, 2014

Dec. 31, 2014

Mar. 31, 2014

Sep. 01, 2012

Mar. 31, 2014

Mar. 13, 2014

Mar. 31, 2014

Mar. 13, 2014

Aug. 30, 2012

Sep. 01, 2012

Sep. 01, 2012

Mar. 13, 2014

Sep. 01, 2012

Mar. 13, 2014

Sep. 01, 2012

Mar. 11, 2014

Mar. 11, 2014

USD ($)

USD ($)

USD ($)

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Grand River Navigation Company, Inc. [Member]

Black Creek Holdings, Inc. [Member]

Black Creek Holdings, Inc. [Member]

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

United States of America, Dollars

Canadian Prime Rate [Member]

Canadian BA Rate [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Second Lien Canadian Term Loan [Member]

Canadian Term Loan [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

US Term Loan [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Loans Payable [Member]

Black Creek US term loan [Member]

Loans Payable [Member]

Third Amended & Restated Credit Agreement [Member]

LIBOR [Member]

LIBOR [Member]

US Base Rate [Member]

US Base Rate [Member]

Lower Lakes Towing Ltd. [Member]

Grand River Navigation Company, Inc. [Member]

Third Amended & Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

LIBOR [Member]

LIBOR [Member]

US Base Rate [Member]

US Base Rate [Member]

US Base Rate [Member]

Third Amended & Restated Credit Agreement [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Canadian Term Loan [Member]

Third Amended & Restated Credit Agreement [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

US Term Loan [Member]

Third Amended & Restated Credit Agreement [Member]

Black Creek US term loan [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement [Member]

Second Lien Canadian Term Loan [Member]

US Term Loan [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Subordinated Debt [Member]

Secured Debt [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

Canadian Prime Rate [Member]

Canadian Prime Rate [Member]

Canadian BA Rate [Member]

Canadian BA Rate [Member]

Secured Debt [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

LIBOR [Member]

LIBOR [Member]

US Base Rate [Member]

US Base Rate [Member]

Secured Debt [Member]

Third Amended & Restated Credit Agreement-Dec 12 to Sept 14 [Member] [Member]

Subordinated Debt [Member]

Fourth Amended and Restated Credit Agreement [Member]

CAD

CAD

CAD

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

USD ($)

USD ($)

USD ($)

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

Fourth Amended and Restated Credit Agreement [Member]

USD ($)

USD ($)

USD ($)

Secured Debt [Member]

USD ($)

Debt Instrument [Line Items]

Debt Instrument, Interest Rate, Effective Percentage Including Effect of Interest Rate Swap Contracts

5.26%

4.24%

Basis spread on variable rate

3.75%

4.75%

9.50%

9.50%

8.50%

8.50%

3.00%

3.00%

4.00%

4.00%

4.00%

4.00%

3.00%

3.00%

4.00%

4.75%

3.00%

3.75%

Covenant description, pledge of outstanding capital stock

65.00%

Covenant description, mandatory prepayment, outstanding balance to liquidation value

85.00%

Covenant description, mandatory prepayment, net proceeds from disposition of assets

100.00%

100.00%

100.00%

Covenant description, mandatory prepayment, net proceeds from issuance of debt or equity securities

100.00%

100.00%

100.00%

Covenant description, mandatory prepayment, outstanding balance to fair market value less outstanding liens

75.00%

Gains (Losses) on Extinguishment of Debt

($2,331)

($1,267)

($3,339)

Face amount

52,979

64,127

28,934

34,200

55,246

Quarterly payment

137

331

$138

$401

$181

COMMITMENTS_Details

COMMITMENTS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Commitments [Line Items]
Rental payments	$755	$721	$614
Operating Leases, Future Minimum Payments Due, Rolling Maturity [Abstract]
31-Mar-16	512
31-Mar-17	399
31-Mar-18	340
31-Mar-19	274
31-Mar-20	231
Thereafter	231
Total	1,987
Charter costs	0	760
Gain (Loss) on Contract Termination	-2,660	0	0
Contractual commitments	19,707	1,801
Maximum [Member]
Operating Leases, Future Minimum Payments Due, Rolling Maturity [Abstract]
Annual increase of charter costs	3.00%
Operating leases [Member]
Commitments [Line Items]
Rental payments	592	562	459
Operating sublease [Member]
Commitments [Line Items]
Rental payments	$163	$159	$155

CONTINGENCIES_Details

CONTINGENCIES (Details) (Unasserted claim, USD $)	Mar. 31, 2015	Mar. 31, 2014
In Thousands, unless otherwise specified
Unasserted claim
Contingencies:
Contingency accrual	$247	$138

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	0 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 21, 2011	Feb. 11, 2011	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
			D
Class of Stock [Line Items]
Number of shares offered	2,800,000
Sale of stock, price per share	$6
Proceeds from the offering, net of underwriter’s commissions and expenses	$15,525
Shares issued of the Company’s common stock to Buckeye		1,305,963
Share price, average of high and low price		$5.17
Preferred stock, shares authorized			1,000,000	1,000,000
Preferred stock dividends			$587	$0
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			1,000,000
Cash dividend annual rate			7.75%
Price per share basis for dividend			$50
Dividend rate subject to percentage increase every six months			0.50%
Conversion price per share			$6.20	$6.20	$6.20
Price per share basis for conversion rate			$50
Conversion option rate, shares			8.065
Conversion option determination, number of trading days price per share exceeds $8.50			20
Conversion option determination, number of trading days cutoff period			30
Conversion option determination, agreed upon price per common share			$8.50
Effective interest rate of preferred dividends			7.75%	7.75%
Maximum [Member] | Series A Preferred Stock [Member]
Class of Stock [Line Items]
Potential dividend rate, maximum			12.00%
Long Term Incentive Plan 2007 [Member]
Class of Stock [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			429,634	589,066

STOCKHOLDERS_EQUITY_Sharebased

STOCKHOLDERS' EQUITY (Share-based Compensation) (Details) (USD $)	12 Months Ended				0 Months Ended	9 Months Ended	12 Months Ended		15 Months Ended	0 Months Ended	69 Months Ended	1 Months Ended		0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2009	Feb. 13, 2008	Dec. 31, 2008	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2010	Jul. 31, 2008	Mar. 31, 2015	Jul. 31, 2008	Feb. 29, 2008	Jun. 27, 2014	Oct. 13, 2009	Feb. 24, 2010	Apr. 05, 2010	Apr. 08, 2011	Apr. 11, 2012	Feb. 22, 2013	Jun. 05, 2013	Jul. 22, 2014	Feb. 15, 2013	Sep. 16, 2010	Nov. 16, 2009	Feb. 11, 2011	Dec. 31, 2013
															key_executives	key_executives	key_executives	key_executives	key_executives	key_executives	key_executives	key_executives
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share price, average of high and low price																										$5.17
Compensation expense	$787	$409	$1,224
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility rate measurement period				P26W
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested, Weighted Average Value	$5.99	$0									5.99																$0
Long Term Incentive Plan 2007 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	2,500,000										2,500,000
Number of shares available for grant	429,634	589,066									429,634
Shares issued to non-employees	26,067	19,256	10,854		12,909	15,948	10,722	14,007	37,144
Long Term Incentive Plan 2007 [Member] | Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded										478,232
Long Term Incentive Plan 2007 [Member] | Canadian employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded											204,336
Expense recorded	0	0
Long Term Incentive Plan 2007 [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense recorded	0	0
Award vesting period	3 years
Options expiration period	10 years
Weighted average remaining contractual term of options outstanding	3 years
Expected dividend rate	0.00%
Risk free interest rate				4.14%
Expected volatility rate				39.49%
Number of options outstanding	479,785	479,785	479,785								479,785
Options granted	0	0										236,586	243,199
Options Exercised	0	0
Options Forfeitures	0	0
Options Expired	0	0
Options, Weighted Average Exercise Price	$5.66	$5.66	$5.66								5.66
Options Granted, Weighted Average Exercise Price	$0	$0
Options Exercised, Weighted Average Exercise Price	$0	$0
Weighted average grant date fair value of options granted during year	$0	$0	$0
Compensation expense	0	0	0
Unrecognized compensation cost at March 31	0	0	0								0
Weighted average remaining life for unrecognized compensation	0 years	0 years	0 years
Long Term Incentive Plan 2007 [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense recorded	63	0
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments Granted														30,050
Unrecognized compensation cost at March 31														204
Unvested, Weighted Average Value														$5.99
Long Term Incentive Plan 2007 [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	478	561
Unrecognized compensation cost at March 31	532	468									532
Unvested, Number of Shares	154,790	129,772	155,929								154,790
Cancelled, Number of Shares	0	0
Unvested, Weighted Average Value	$6.22	$6.47	$6.80								6.22
Cancelled, Weighted Average Value	$0	$0
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	1 year 6 months	1 year 3 months
October 13, 2009 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded															39,660
Share price, average of high and low price															$3.17
Annual vesting rate															20.00%
Expense recorded	0	26	26
Number of key executives to receive awards															1
October 13, 2009 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested, Number of Shares	0	-7,932
Vested, Weighted Average Value	$0	$3.17
February 24, 2010 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																76,691
Share price, average of high and low price																$4.34
Expense recorded	0	0	93
Number of key executives to receive awards																2
Award vesting period																3 years
February 24, 2010 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested, Number of Shares	0	0
Vested, Weighted Average Value	$0	$0
April 5, 2010 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																	37,133
Share price, average of high and low price																	$5.32
Expense recorded	0	0	66
Number of key executives to receive awards																	4
Award vesting period																	3 years
April 5, 2010 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested, Number of Shares	0	-12,377
Vested, Weighted Average Value	$0	$5.32
April 8, 2011 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																		86,217
Share price, average of high and low price																		$7.94
Expense recorded	0	225	226
Number of key executives to receive awards																		6
Award vesting period																		3 years
April 8, 2011 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested, Number of Shares	-28,739	-28,740
Vested, Weighted Average Value	$7.94	$7.94
April 11, 2012 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																			45,754
Share price, average of high and low price																			$8.68
Expense recorded	132	132	132
Number of key executives to receive awards																			2
Award vesting period																			3 years
April 11, 2012 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares	0	0
Vested, Number of Shares	-15,252	-15,251
Granted, Weighted Average Value	$0	$0
Vested, Weighted Average Value	$8.68	$8.68
February 22, 2013 Grants [Member] [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																				32,387
Share price, average of high and low price																				$5.96
Expense recorded	82	95	8
Number of key executives to receive awards																				4
Award vesting period																				2 years
February 22, 2013 Grants [Member] [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares	0	0
Vested, Number of Shares	-16,193	-16,194
Granted, Weighted Average Value	$0	$0
Vested, Weighted Average Value	$5.96	$5.96
June 5, 2013 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																					54,337
Share price, average of high and low price																					$5.55
Expense recorded	102	83	0
Number of key executives to receive awards																					6
Award vesting period																					3 years
June 5, 2013 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares	0	54,337
Vested, Number of Shares	-18,113	0
Granted, Weighted Average Value	$0	$5.55
Vested, Weighted Average Value	$5.55	$0
July 22, 2014 Grants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																						105,189
Share price, average of high and low price																						$5.90
Expense recorded	$163	$0	$0
Number of key executives to receive awards																						10
Award vesting period																						3 years
July 22, 2014 Grants [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares	103,315	0
Granted, Weighted Average Value	$5.90	$0
Shares Issued in Lieu of Cash Compensation [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares awarded																							94,993	15,153	158,325
Number of executive officers asked to receive shares in lieu of cash compensation				5
Series A Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Effective Dividend Rate, Percentage	7.75%	7.75%									7.75%

INTEREST_EXPENSE_Details

INTEREST EXPENSE (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Interest Expense [Line Items]
Amortization of deferred financing costs	$1,305	$584	$814
Interest rate swaps	0	0	1,104
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments	10	8	65
Deferred payment liability	100	135	168
Interest capitalized	-734	0	-538
Interest expense	14,007	9,373	10,171
Bank indebtedness
Interest Expense [Line Items]
Debt	544	748	839
Long-term debt - senior
Interest Expense [Line Items]
Debt	4,840	7,444	7,719
Subordinated note
Interest Expense [Line Items]
Debt	$7,942	$454	$0

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Segment information:
Revenue	$6,316	$49,065	$54,270	$43,309	$6,963	$49,899	$50,541	$48,401	$152,960	$155,804	$156,638
Property and equipment, net	206,276				215,487				206,276	215,487
Intangible assets	13,205				16,233				13,205	16,233
Goodwill	10,193				10,193				10,193	10,193
Assets	250,290				265,006				250,290	265,006
Canada
Segment information:
Revenue									87,261	91,109	92,813
Property and equipment, net	92,436				99,050				92,436	99,050
Intangible assets	7,457				9,666				7,457	9,666
Goodwill	8,284				8,284				8,284	8,284
Assets	122,395				130,817				122,395	130,817
United States
Segment information:
Revenue									65,699	64,695	63,825
Property and equipment, net	113,840				116,437				113,840	116,437
Intangible assets	5,748				6,567				5,748	6,567
Goodwill	1,909				1,909				1,909	1,909
Assets	$127,895				$134,189				$127,895	$134,189

FINANCIAL_INSTRUMENTS_Details

FINANCIAL INSTRUMENTS (Details) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Mar. 31, 2015	Mar. 31, 2014	Dec. 12, 2012
				interest_rate_swap_contracts
Derivative [Line Items]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value		$573	$0
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	0	-4,119
Derivatives not designated as hedging instrument [Member] | Interest Rate Cap [Member]
Derivative [Line Items]
Number of contracts entered into				2
Percent of outstanding term debt covered		62.00%		50.00%
Interest rate swap contracts [Member] | Derivatives not designated as hedging instrument [Member]
Derivative [Line Items]
Number of interest rate swap contracts		2	2,000
Fair Value, Inputs, Level 1 [Member]
Derivative [Line Items]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value		0	0
Fair Value, Inputs, Level 2 [Member]
Derivative [Line Items]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value		$573	$0
United States | Derivatives not designated as hedging instrument [Member] | Interest Rate Cap [Member]
Derivative [Line Items]
Fixed interest rate				2.50%
Canada | Derivatives not designated as hedging instrument [Member] | Interest Rate Cap [Member]
Derivative [Line Items]
Fixed interest rate				3.00%

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Line Items]
Common Stock, Shares, Issued	18,035,427				17,933,859				18,035,427	17,933,859
Common stock, shares outstanding	18,035,427				17,933,859				18,035,427	17,933,859
Common stock, shares authorized	50,000,000				50,000,000				50,000,000	50,000,000
Numerator:
NET INCOME BEFORE PREFERRED STOCK DIVIDENDS									($9,420)	($4,507)	($3,819)
PREFERRED STOCK DIVIDENDS									-1,168	-3,429	-3,173
NET INCOME APPLICABLE TO COMMON STOCKHOLDERS	($21,871)	$3,969	$5,546	$1,768	($10,771)	$775	$336	$1,724	($10,588)	($7,936)	($6,992)
Denominator:
Weighted average common shares for basic EPS									17,847,939	17,912,647	17,740,372
Effect of dilutive securities:
Average price during period (in dollars per share)									$5.15	$5.62	$7.26
Long term incentive stock option plan (in shares)									479,785	479,785	479,785
Average exercise price of stock options (in dollars per share)	$5.66				$5.66	$5.66			$5.66	$5.66
Incremental Common Shares Attributable to Share-based Payment Arrangements, Restricted Stock									57,780	25,734	61,806
Weighted average convertible preferred shares at $6.20									2,419,355	2,419,355	2,419,355
Weighted Average Number of Shares Outstanding, Diluted									20,325,074	20,217,804	20,172,616
Weighted Average Number of Shares Outstanding, Basic and Diluted									17,847,939	17,912,647	17,740,372
Basic EPS (in dollars per share)	($1.22)	$0.22	$0.31	$0.10					($0.59)	($0.44)	($0.39)
Diluted EPS (in dollars per share)	($1.22)	$0.21	$0.29	$0.10					($0.59)	($0.44)	($0.39)
Series A Preferred Stock [Member]
Effect of dilutive securities:
Conversion price per share									$6.20	$6.20	$6.20
Stock Options [Member]
Effect of dilutive securities:
Shares that could be acquired with the proceeds of options									0	0	374,228
Dilutive shares due to options									0	0	105,557
Restricted Stock Units (RSUs) [Member]
Effect of dilutive securities:
Dilutive shares due to options									22,858	0	0
Average exercise price of RSU (in dollars per share)	$5.99				$0	$0			$5.99	$0
Restricted Stock [Member]
Effect of dilutive securities:
Shares that could be acquired with the proceeds of options									0	0	0
Restricted Stock, Dilutive Shares [Member]
Effect of dilutive securities:
Dilutive shares due to options									0	0	0

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Operating Leases, Periodic Payment	$13
Operating Leases, Rent Expense, Net	755	721	614
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party	68	75	57
Related Party Transaction, Expenses from Transactions with Related Party	231	240	212
Affiliated Entity [Member]
Operating Leases, Rent Expense, Net	$163	$159	$155

ECONOMIC_DEPENDENCE_Details

ECONOMIC DEPENDENCE (Details) (Sales Revenue, Services, Net [Member], Customer Concentration Risk [Member])	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
	customer	customer	customer
Sales Revenue, Services, Net [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Concentration Risk, Number of Major Customers	1	2	1
Concentration Risk, Percentage	15.30%	24.00%	12.00%

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (Accumulated Other Comprehensive (Loss) Income, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income (Loss) [Line Items]
Change in foreign currency translation adjustment	$4,449	$4,144	$1,159

SELECTED_QUARTERLY_FINANCIAL_D2

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Total Revenue	$6,316	$49,065	$54,270	$43,309	$6,963	$49,899	$50,541	$48,401	$152,960	$155,804	$156,638
Operating Income	-15,436	6,357	10,246	6,157	-13,417	7,674	10,200	6,492	7,324	10,949	8,102
Net income applicable to common stockholders	($21,871)	$3,969	$5,546	$1,768	($10,771)	$775	$336	$1,724	($10,588)	($7,936)	($6,992)
Earnings Per Share, Basic	($1.22)	$0.22	$0.31	$0.10					($0.59)	($0.44)	($0.39)
Diluted EPS (in dollars per share)	($1.22)	$0.21	$0.29	$0.10					($0.59)	($0.44)	($0.39)
Net income per share – basic and diluted (in dollars per share)					($0.60)	$0.04	$0.02	$0.10	($0.59)	($0.44)	($0.39)