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Fair Value Disclosures (Tables)
6 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of financial instruments not measured at fair value The interest rate for the Credit line is a variable rate based on SOFR pricing options.

 

 

 

(In thousands)

 

 

 

Fair Value Measurement Using

 

 

 

 

 

 

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Fair
Value

 

 

Carrying
Value

 

Cash and restricted cash:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

$

1,503

 

 

$

-

 

 

$

-

 

 

$

1,503

 

 

$

1,503

 

March 31, 2022

 

$

4,775

 

 

$

-

 

 

$

-

 

 

$

4,775

 

 

$

4,775

 

Finance receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

$

-

 

 

$

-

 

 

$

161,696

 

 

$

161,696

 

 

$

161,696

 

March 31, 2022

 

$

-

 

 

$

-

 

 

$

168,600

 

 

$

168,600

 

 

$

168,600

 

Repossessed assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

$

-

 

 

$

-

 

 

$

1,208

 

 

$

1,208

 

 

$

1,208

 

March 31, 2022

 

$

-

 

 

$

-

 

 

$

658

 

 

$

658

 

 

$

658

 

Credit facility:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

$

-

 

 

$

-

 

 

$

59,500

 

 

$

59,500

 

 

$

59,500

 

March 31, 2022

 

$

-

 

 

$

-

 

 

$

55,000

 

 

$

55,000

 

 

$

55,000

 

Note Payable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

March 31, 2022

 

$

3,244

 

 

$

-

 

 

$

-

 

 

$

3,244

 

 

$

3,244