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Related Party Transations (Table Text Block)
3 Months Ended
Jun. 30, 2025
Related Party Revenue [Abstract]  
Related Party Revenue

 

 

Quarter ended June 30,

 

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,778

 

 

$

7,715

 

U-Haul management fee revenue from Mercury

 

 

1,804

 

 

 

1,780

 

 

 

$

9,582

 

 

$

9,495

 

Related Party costs and expenses

 

 

Quarter ended June 30,

 

 

 

2025

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

601

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

1,435

 

 

 

1,103

 

U-Haul commission expenses to Blackwater

 

 

23,571

 

 

 

22,695

 

U-Haul lease expenses to Mercury

 

 

38

 

 

 

38

 

U-Haul commission expenses to Mercury

 

 

6,492

 

 

 

6,128

 

 

 

$

32,137

 

 

$

30,568

 

Related party assets

 

 

June 30,

 

 

March 31,

 

 

 

2025

 

 

2025

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

28,470

 

 

$

28,442

 

U-Haul receivable from Mercury

 

 

13,351

 

 

 

12,517

 

Other (a)

 

 

(1,348

)

 

 

4,044

 

 

 

$

40,473

 

 

$

45,003

 

 

(a)
Timing differences for intercompany receivables and payables with insurance subsidiaries resulting from the three-month difference in reporting periods.