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Debt Obligations (Tables) | 6 Months Ended
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Sep. 30, 2017
Debt Disclosure [Abstract] |
Debt Obligations | Debt obligations consist of amounts related to loans sold that did not qualify for loan sale accounting treatment. The following table summarizes debt obligations (in thousands):
| September 30, 2017 |  | April 1, 2017
Acquired securitized financings (acquired as part of the Palm Harbor transaction) |  |  |
Securitized financing 2005-1 | $ | 21,993 |  |  | $ | 23,756 |
Securitized financing 2007-1 | 24,025 |  |  | 25,728 |
Other secured financings | 4,965 |  |  | 4,987 |
Secured Term Loan | 8,040 |  |  | 3,520 |
Total securitized financings and other, net | $ | 59,023 |  |  | $ | 57,991 |
Acquired Securitized Financings | The following table summarizes acquired securitized financings (in thousands):
| September 30, 2017 |  | April 1, 2017
Securitized financings – contractual amount | $ | 51,727 |  |  | $ | 57,120 |
Purchase discount |  |  |
Accretable | (5,709 | ) |  | (7,636 | )
Non-accretable (1) | — |  |  | — |
Total acquired securitized financings, net | $ | 46,018 |  |  | $ | 49,484 |
(1) There is no non-accretable difference, as the contractual payments on acquired securitized financing are determined by the cash collections from the underlying loans.
Accretable Yield Movement on Acquired Securitized Financings | The changes in accretable yield on securitized financings were as follows (in thousands):
| Three Months Ended |  | Six Months Ended
| September 30, 2017 |  | October 1, 2016 |  | September 30, 2017 |  | October 1, 2016
Balance at the beginning of the period | $ | 6,666 |  |  | $ | 11,459 |  |  | $ | 7,636 |  |  | $ | 12,333 |
Accretion | (846 | ) |  | (938 | ) |  | (1,716 | ) |  | (1,906 | )
Adjustment to cash flows | (111 | ) |  | (731 | ) |  | (211 | ) |  | (637 | )
Balance at the end of the period | $ | 5,709 |  |  | $ | 9,790 |  |  | $ | 5,709 |  |  | $ | 9,790 |

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- Definition Accretable yield movement on acquired securitized financings. + References No definition available. + Details
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- Definition Tabular disclosure of securitized financings, which were acquired in a business combination, including contractual amount, purchase discount consisting of accretable and non-accretable differences. + References No definition available. + Details
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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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