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Intangibles and Goodwill | 3 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangibles and Goodwill | Intangibles and Goodwill Intangible assets primarily consist of certain management contracts providing economic rights to management and advisory fees, as obtained through the Company’s acquisitions of other businesses. Intangible assets, net consists of the following:
| As of
| June 30, 2021 |  | March 31, 2021
Management contracts | $ | 41,058 |  |  | $ | 41,058 |
Less: Accumulated amortization | (36,188) |  |  | (35,567) |
Intangible assets, net | $ | 4,870 |  |  | $ | 5,491 |
Amortization expense related to intangible assets was $0.6 million and $0.8 million for the three months ended June 30, 2021 and 2020, respectively. These amounts are included in general, administrative and other expenses in the condensed consolidated statements of income. At June 30, 2021, the expected future amortization of finite-lived intangible assets is as follows:
Remainder of FY2022 | $ | 1,860 |
FY2023 | 1,768 |
FY2024 | 932 |
FY2025 | 242 |
FY2026 | 51 |
Thereafter | 17 |
Total | $ | 4,870 |
The carrying value of goodwill was $6.8 million as of June 30, 2021 and March 31, 2021. The Company determined there was no indication of goodwill impairment as of June 30, 2021 and March 31, 2021.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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