XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.22.4

Leases (Table Text Block) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2022 | Mar. 31, 2022
Leases [Abstract] |  |
Supplemental Balance Sheet Information Related to Leases | As of December 31, 2022 Finance Operating Total (Unaudited) (In thousands) Buildings and improvements $ – $ 142,748 $ 142,748 Furniture and equipment 14,731 – 14,731 Rental trailers and other rental equipment 152,867 – 152,867 Rental trucks 982,119 – 982,119 Right-of-use assets, gross 1,149,717 142,748 1,292,465 Less: Accumulated depreciation (645,077) (78,892) (723,969) Right-of-use assets, net$ 504,640 $ 63,856 $ 568,496 | As of March 31, 2022 Finance Operating Total (In thousands) Buildings and improvements $ – $ 136,444 $ 136,444 Furniture and equipment 14,731 – 14,731 Rental trailers and other rental equipment 169,514 – 169,514 Rental trucks 1,114,248 – 1,114,248 Right-of-use assets, gross 1,298,493 136,444 1,434,937 Less: Accumulated depreciation (677,669) (62,062) (739,731) Right-of-use assets, net$ 620,824 $ 74,382 $ 695,206
Summary of Weighted-average remaining lease terms and Discount rates | Finance leases December 31, March 31, 2022 2022 (Unaudited) Weighted average remaining lease term (years) 2 3 Weighted average discount rate 3.8 % 3.7 % | Operating leases December 31, March 31, 2022 2022 (Unaudited) Weighted average remaining lease term (years) 18.0 16.5 Weighted average discount rate 4.6 % 4.6 %
Components of Lease Expense | Nine Months Ended December 31, 2022 December 31, 2021 (Unaudited) (In thousands) Operating lease costs $ 24,483 $ 24,018 Finance lease cost: Amortization of right of use assets $ 62,782 $ 90,056 Interest on lease liabilities 8,799 14,290 Total finance lease cost$ 71,581 $ 104,346 |
Maturities of Lease Liabilities | Finance leases Operating leases (Unaudited) Year ending December 31, (In thousands) 2023 $ 121,093 $ 24,511 2024 85,188 15,398 2025 48,126 5,710 2026 12,114 3,579 2027 – 3,018 Thereafter – 57,288 Total lease payments 266,521 109,504 Less: imputed interest (14,419) (46,102) Present value of lease liabilities$ 252,102 $ 63,402 |

X
- Definition Schedule of maturities of operating and finance leases liabilities. + References No definition available. + Details
Name: | uhal_ScheduleOfMaturitiesOfOperatingAndFinanceLeasesLiabilitiesTableTextBlock
Namespace Prefix: | uhal_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental balance sheet information related to leases. + References No definition available. + Details
Name: | uhal_ScheduleOfSupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | uhal_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of weighted-average remaining lease terms and discount rates. + References No definition available. + Details
Name: | uhal_ScheduleOfWeightedAverageRemainingLeaseTermsAndDiscountRatesTableTextBlock
Namespace Prefix: | uhal_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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