|12 Months Ended|
Mar. 31, 2016
|Short-term Investments [Abstract]|
The following table presents short-term investments as of March 31, 2016, and 2015:
The fair value of short-term investments approximates their carrying amounts due to the short-term nature of these financial assets and therefore there are no unrecognized gains or losses. The Company does not intend to sell the investments and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases.