XML 59 R43.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Borrowings (Narratives) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2019 | Dec. 31, 2018 | Sep. 30, 2019 | Mar. 31, 2019
Debt instruments, face, payment, and remaining balance amount: |  |  |  |  |  |
Notes, loans and leases payable | $ 4,548,609 |  | $ 4,548,609 |  |  | $ 4,163,323
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Remaining Lease Term Finance Lease Weighted Average |  |  | 4 Years |  |  |
Interest paid related to derivative contracts [Abstract] |  |  |  |  |  |
Interest paid in cash | $ 41,900 | $ 38,500 | $ 127,800 | $ 109,600 |  |
Real estate loan [Member] |  |  |  |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Debt instrument, maturity year |  |  | 2023 |  |  |
Real estate loans (revolving credit) [Member] |  |  |  |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Debt instrument, maturity year |  |  | 2024 |  |  |
Working capital loans two [Member] | AMERCO [Member] |  |  |  |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
LIBOR | 1.70% |  | 1.70% |  |  |
Applicable margin interest rate | 1.38% |  | 1.38% |  |  |
Sum of LIBOR and margin, maximum rate | 3.08% |  | 3.08% |  |  |
Debt instruments, face, payment, and remaining balance amount: |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity | $ 300,000 |  | $ 300,000 |  |  |
Line of credit, current borrowing capacity | $ 150,000 |  | $ 150,000 |  |  |
Rental Truck (amortizing loans) First Loan [Member] | AMERCO [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 1.95% |  | 1.95% |  |  |
Rental Truck (amortizing loans) First Loan [Member] | AMERCO [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 4.66% |  | 4.66% |  |  |
Finance Lease [Member] |  |  |  |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Debt instrument, maturity year |  |  | 2026 |  |  |
Amerco Real Estate Subsidiaries and Uhaul Company of Florida [Member] | Real estate loan [Member] |  |  |  |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
LIBOR | 1.72% |  | 1.72% |  |  |
Applicable margin interest rate | 1.50% |  | 1.50% |  |  |
Sum of LIBOR and margin, maximum rate | 3.22% |  | 3.22% |  |  |
Amerco Real Estate Company [Member] | Real estate loans (revolving credit) [Member] | AMERCO [Member] |  |  |  |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
LIBOR | 1.70% |  | 1.70% |  |  |
Debt instruments, face, payment, and remaining balance amount: |  |  |  |  |  |
Line of credit facility, maximum borrowing capacity | $ 335,000 |  | $ 335,000 |  |  |
Amerco Real Estate Company [Member] | Real estate loans (revolving credit) [Member] | AMERCO [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 3.03% |  | 3.03% |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
Applicable margin interest rate | 1.25% |  | 1.25% |  |  |
Sum of LIBOR and margin, maximum rate | 2.95% |  | 2.95% |  |  |
Amerco Real Estate Company [Member] | Real estate loans (revolving credit) [Member] | AMERCO [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 3.14% |  | 3.14% |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
Applicable margin interest rate | 1.50% |  | 1.50% |  |  |
Sum of LIBOR and margin, maximum rate | 3.20% |  | 3.20% |  |  |
Various Subsidiaries of Amerco Real Estate and Uhaul Intl [Member] | Senior Mortgages [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 3.36% |  | 3.36% |  |  |
Various Subsidiaries of Amerco Real Estate and Uhaul Intl [Member] | Senior Mortgages [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 6.62% |  | 6.62% |  |  |
Uhaul Intl and Subsidiaries [Member] | Rental Truck Revolvers [Member] |  |  |  |  |  |
Debt instruments, interest rate, effective percentage: |  |  |  |  |  |
Applicable margin interest rate | 1.15% |  | 1.15% |  |  |
Debt instruments, face, payment, and remaining balance amount: |  |  |  |  |  |
Line of credit, current borrowing capacity | $ 590,000 |  | $ 590,000 |  |  |
Uhaul Intl and Subsidiaries [Member] | Capital Lease Obligations [Member] |  |  |  |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Remaining Lease Term Finance Lease Weighted Average |  |  | 7 year terms |  |  |
Uhaul Intl and Subsidiaries [Member] | Capital Lease Obligations [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 1.92% |  | 1.92% |  |  |
Uhaul Intl and Subsidiaries [Member] | Capital Lease Obligations [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 5.04% |  | 5.04% |  |  |
Uhaul Intl and Subsidiaries [Member] | Finance Lease [Member] |  |  |  |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Remaining Lease Term Finance Lease Weighted Average |  |  | 7 years |  |  |
Uhaul Intl and Subsidiaries [Member] | Finance Lease [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 2.73% |  | 2.73% |  |  |
Uhaul Intl and Subsidiaries [Member] | Finance Lease [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 4.22% |  | 4.22% |  |  |
Amerco, Us Bank, National Association, Trustee [Member] | Other Obligations [Member] |  |  |  |  |  |
Debt instruments, face, payment, and remaining balance amount: |  |  |  |  |  |
Notes, loans and leases payable | $ 87,000 |  | $ 87,000 |  |  |
Subsidiary holdings of parent company debt | $ 2,900 |  | $ 2,900 |  |  |
Amerco, Us Bank, National Association, Trustee [Member] | Other Obligations [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 2.50% |  | 2.50% |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Debt instrument, maturity year |  |  | 2020 |  |  |
Amerco, Us Bank, National Association, Trustee [Member] | Other Obligations [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage | 8.00% |  | 8.00% |  |  |
Debt instruments, issuance and maturity dates: |  |  |  |  |  |
Debt instrument, maturity year |  |  | 2048 |  |  |
Life Insurance [Member] | Federal Home Loan Bank [Member] |  |  |  |  |  |
Federal Home Loan Bank, Advances, Activity for the year [Abstract] |  |  |  |  |  |
Aggregate deposit amount |  |  |  |  | $ 60,000 |
Available for sale equity securities, noncurrent |  |  |  |  | 120,100 |
Available for sale equity securities pledged as collateral |  |  |  |  | $ 67,900 |
Life Insurance [Member] | Federal Home Loan Bank [Member] | Minimum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage |  |  |  |  | 1.72% |
Life Insurance [Member] | Federal Home Loan Bank [Member] | Maximum [Member] |  |  |  |  |  |
Debt instruments, interest rate, stated percentage: |  |  |  |  |  |
Debt instrument, interest rate, stated percentage |  |  |  |  | 2.95% |

X
- Definition Sum of LIBOR and margin, at the higher of the rate. + References No definition available. + Details
Name: | uhal_ApplicableMarginsHighRate
Namespace Prefix: | uhal_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The DebtInstrumentMaturityDate could have worked for this element, but it must include the format Month-Date-Year. Will use this US-GAAP Element in the next few schedules, when possible, where we break down the various items that make up the Borrowing's narrative. + References No definition available. + Details
Name: | uhal_MaturityYear
Namespace Prefix: | uhal_
Data Type: | xbrli:gYearItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average remaining lease term for finance lease. + References No definition available. + Details
Name: | uhal_RemainingLeaseTermFinanceLeaseWeightedAverage
Namespace Prefix: | uhal_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of corporate (parent company) debt held by our insurance subsidiaries. + References No definition available. + Details
Name: | uhal_SubsidiariesShareOfDebtPurchasedFromParent
Namespace Prefix: | uhal_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. + References No definition available. + Details
Name: | us-gaap_AvailableForSaleSecuritiesEquitySecuritiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt, and capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.13,16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_DebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentageAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentageAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of restricted investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 1A -Subparagraph (b)(1)(i) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleRestricted
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_FederalHomeLoanBankAdvancesActivityForYearAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of advances from the Federal Home Loan Bank (FHLB). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
Name: | us-gaap_FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash paid for interest, including, but not limited to, capitalized interest and payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount; classified as operating and investing activities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=98513485&loc=d3e4297-108586 + Details
Name: | us-gaap_InterestPaid
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InterestPaidAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
Name: | us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_LongTermDebtAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LongTermDebtCurrentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The interest rate applicable to the portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a rate subject to change from time to time. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtPercentageBearingVariableInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MediumTermNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=uhal_FinanceLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_AmercoRealEstateSubsidiariesAndUhaulCompanyOfFloridaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_AmercoRealEstateCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_VariousSubsidiariesOfAmercoRealEstateAndUhaulIntlMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_UhaulIntlAndSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=uhal_RentalTruckRevolversMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_CapitalLeaseObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_AmercoUsBankNationalAssociationTrusteeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_CollateralizedDebtObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=uhal_LifeInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_FederalHomeLoanBankAdvancesBranchOfFHLBBankAxis=srt_FederalHomeLoanBankOfSanFranciscoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |