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Leases | 12 Months Ended
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Mar. 31, 2026
Leases [Abstract] |
Leases | Leases Accounting Policies and Matters Requiring Management's Judgment When evaluating leases under Topic 842, the Company uses its incremental borrowing rate on its revolving credit facility to determine the discount rate. Specifically, Management applies its revolving credit facility's effective annual interest rate at the end of the prior fiscal year to leases entered into in the following year. For example, the revolving credit facility's effective annual interest rate of 9.5% at March 31, 2025 was used as the discount rate when determining the lease type and the present value of lease payments for leases entered into in fiscal 2026. Based on its historical practice, the Company believes it is reasonably certain to exercise a given option associated with a given office space lease. Therefore, the Company classifies all lease options for office space as “reasonably certain” unless it has specific knowledge to the contrary for a given lease. The Company does not believe it is reasonably certain to exercise any options associated with its office equipment leases. Periodic Disclosures The Company's operating leases consist of real estate leases for office space as well as office equipment. Both the branch real estate and office equipment lease terms generally range from three years to five years, and generally contain options to extend which mirror the original terms of the lease. As of March 31, 2026 and 2025, the Company had no finance leases. The following table reports information about the Company's lease costs for the years ended March 31, 2026, 2025, and 2024:
|  | 2026 |  | 2025 |  | 2024
Lease Cost |  |  |  |  |  |
Operating lease cost |  | $ | 24,947,796 |  |  | $ | 25,244,452 |  |  | $ | 25,291,087 |
Variable lease cost |  | 3,892,761 |  |  | 3,958,271 |  |  | 3,823,435 |
Total lease cost |  | $ | 28,840,557 |  |  | $ | 29,202,723 |  |  | $ | 29,114,522 |
The following table reports other information about the Company's leases for the years ended March 31, 2026, 2025, and 2024:
|  | 2026 |  | 2025 |  | 2024
Other Lease Information |  |  |  |  |  |
Cash paid for amounts included in the measurement of lease liabilities |  | $ | 24,950,992 |  |  | $ | 25,158,809 |  |  | $ | 25,292,363 |
Operating cash flows from operating leases |  | 24,950,992 |  |  | 25,158,809 |  |  | 25,292,363 |
ROU assets obtained in exchange for new operating lease liabilities |  | $ | 14,614,762 |  |  | $ | 16,102,245 |  |  | $ | 18,024,157 |
Weighted average remaining lease term — operating leases |  | 6.2 years |  | 6.4 years |  | 6.8 years
Weighted-average discount rate — operating leases |  | 7.6 | % |  | 7.0 | % |  | 6.3 | %
The aggregate annual lease obligations as of March 31, 2026, are as follows:
|  | Operating Leases |  |  |  |
2027 |  | $ | 21,805,264 |  |  |  |  |
2028 |  | 18,113,040 |  |  |  |  |
2029 |  | 13,797,082 |  |  |  |  |
2030 |  | 10,321,919 |  |  |  |  |
2031 |  | 7,023,870 |  |  |  |  |
Thereafter |  | 21,697,700 |  |  |  |  |
Total undiscounted lease liability |  | $ | 92,758,875 |  |  |  |  |
Imputed interest |  | 18,794,167 |  |  |  |  |
Total discounted lease liability |  | $ | 73,964,708 |  |  |  |  |
The Company had no leases with related parties as of March 31, 2026 or 2025.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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