We account for the fair values of our assets and liabilities in accordance with ASC Topic 820, Fair Value Measurement and Disclosure. The following table summarizes the fair value hierarchy of our financial instruments as of September 30, 2016 and March 31, 2016 (in thousands):

For the three and six months ended September 30, 2016, we recorded adjustments that increased the fair value of our liability for contingent consideration by $154 thousand, and $232 thousand, respectively; and such adjustments were presented within general and administrative expenses in our unaudited condensed consolidated statement of operations. For the three and six months ended September 30, 2015, we recorded adjustments that increased the fair value of our liability for contingent consideration by $205 thousand and $315 thousand, respectively.