XML 23 R14.htm IDEA: XBRL DOCUMENT v3.23.1
BROKERAGE AND OTHER RECEIVABLES, NET
3 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Brokerage and other receivables, net BROKERAGE AND OTHER RECEIVABLES, NET
Brokerage and other receivables as of June 30, 2022, and March 31, 2022, consisted of:
June 30, 2022
March 31, 2022
(Recast)(Recast)
Margin lending receivables$216,937 $138,983 
Receivables from brokerage clients4,994 4,439 
Bonds coupon receivable5,600 — 
Long-term installments receivables1,460 1,367 
Receivable from sale of securities866 884 
Bank commissions receivable434 598 
Receivable for underwriting and market-making services312 296 
Dividends accrued45 
Other receivables3,902 3,210 
Allowance for receivables(2,396)(2,107)
Total brokerage and other receivables, net$232,109 $147,659 
On June 30, 2022, and March 31, 2022, amounts due from a single related party customer were $170,371 and $102,680, respectively or 73% and 70% respectively, of total brokerage and other receivables, net. Based on historical data, the Company considers receivables due from related parties fully collectible. As of June 30, 2022, and March 31, 2022, using historical and statistical data, the Company recorded an allowance for brokerage receivables in the amounts of $2,396 and $2,107, respectively.