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v3.5.0.2

Borrowings (Table Text Block) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2016 | Sep. 30, 2016 | Sep. 30, 2016
Debt Instruments [Abstract] |  |  |
Long-Term Debt |  |
|  |  |  |  | September 30, |  | March 31,
| 2016 Rate (a) |  | Maturities |  | 2016 |  | 2016
|  |  |  |  | (Unaudited) |  |
|  |  |  |  | (In thousands)
Real estate loan (amortizing term) | 2.02% - 6.93% |  | 2023 | $ | 174,289 | $ | 205,000
Senior mortgages | 2.53% - 5.50% |  | 2017 - 2038 |  | 1,202,737 |  | 1,121,897
Working capital loan (revolving credit) | - |  | 2018 |  | – |  | –
Fleet loans (amortizing term) | 1.95% - 4.76% |  | 2017 - 2023 |  | 227,781 |  | 218,998
Fleet loans (securitization) | 4.90% |  | 2017 |  | 56,195 |  | 62,838
Fleet loans (revolving credit) | 1.67% - 2.37% |  | 2018 - 2021 |  | 462,000 |  | 347,000
Capital leases (rental equipment) | 2.12% - 7.69% |  | 2016 - 2023 |  | 826,931 |  | 672,825
Other obligations | 3.00% - 8.00% |  | 2016 - 2045 |  | 66,238 |  | 60,200
Notes, loans and leases payable |  |  |  |  | 3,016,171 |  | 2,688,758
Less: Debt issuance costs |  |  |  |  | (23,681) |  | (23,362)
Total notes, loans and leases payable |  |  |  | $ | 2,992,490 | $ | 2,665,396
(a) Interest rate as of September 30, 2016, including the effect of applicable hedging instruments. |  |  |  |
Annual Maturities of Notes, Loans and Leases Payable |  |  |
|  | Twelve Months Ending September 30,
|  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | Thereafter
|  | (Unaudited)
|  | (In thousands)
Notes, loans and leases payable, secured | $ | 346,831 | $ | 495,063 | $ | 375,839 | $ | 350,039 | $ | 340,688 | $ | 1,107,711
Components of interest expense |
|  | Quarter Ended September 30,
|  | 2016 |  | 2015
|  | (Unaudited)
|  | (In thousands)
Interest expense | $ | 26,105 | $ | 20,762
Capitalized interest |  | (985) |  | (871)
Amortization of transaction costs |  | 804 |  | 748
Interest expense resulting from derivatives |  | 2,291 |  | 3,334
Total interest expense |  | 28,215 |  | 23,973
|  | Six Months Ended September 30,
|  | 2016 |  | 2015
|  | (Unaudited)
|  | (In thousands)
Interest expense | $ | 50,408 | $ | 39,304
Capitalized interest |  | (2,298) |  | (1,422)
Amortization of transaction costs |  | 1,647 |  | 1,491
Interest expense resulting from derivatives |  | 5,102 |  | 6,700
Total interest expense |  | 54,859 |  | 46,073
Interest rates and company borrowings |
|  | Revolving Credit Activity
|  | Quarter Ended September 30,
|  | 2016 |  | 2015
|  | (Unaudited)
|  | (In thousands, except interest rates)
Weighted average interest rate during the quarter |  | 1.73% |  | 1.63%
Interest rate at the end of the quarter |  | 1.73% |  | 1.63%
Maximum amount outstanding during the quarter | $ | 462,000 | $ | 250,000
Average amount outstanding during the quarter | $ | 431,815 | $ | 234,348
Facility fees | $ | 49 | $ | 50
|  | Revolving Credit Activity
|  | Six Months Ended September 30,
|  | 2016 |  | 2015
|  | (Unaudited)
|  | (In thousands, except interest rates)
Weighted average interest rate during the period |  | 1.73% |  | 1.64%
Interest rate at the end of the period |  | 1.73% |  | 1.63%
Maximum amount outstanding during the period | $ | 462,000 | $ | 250,000
Average amount outstanding during the period | $ | 400,896 | $ | 207,678
Facility fees | $ | 89 | $ | 144

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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