Annual report pursuant to Section 13 and 15(d)

5. Restricted Cash

v3.8.0.1
5. Restricted Cash
12 Months Ended
Mar. 31, 2018
Restricted Cash [Abstract]  
Restricted Cash

As of March 31, 2018 and March 31, 2017, the Company’s restricted cash consisted of deferred distribution payments, cash segregated in a special custody account for the exclusive benefit of our brokerage customers and required reserves with the Central Bank of the Russian Federation which represents cash on hand balance requirements. The deferred distribution payment amount is the reserve held for distribution to shareholders who have not yet claimed their distributions from the 2011 sale of the Company’s oil and gas exploration and production operations of $8,534. This distribution is currently payable, subject to the entitled shareholder completing and submitting to the Company the necessary documentation to claim his, her or its distribution payments. The Company has no control over when, or if, an entitled shareholder will submit the necessary documentation to claim his, her, or its distribution payment. Restricted cash consisted of:

 

   

March 31,

2018

   

March 31,

2017 (Recast)

 
             
Deferred distribution payments   $ 8,534     $ 8,534  
Brokerage customers’ cash     4,847       4,169  
Guaranty deposits     175       -  
Reserve with Central Bank of Russia     115       46  
Total restricted cash     13,671     $ 12,749