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Share-based Compensation (Tables)
9 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Cost by Plan
The following table presents the components of share-based compensation expense, included in employee compensation and benefits, recognized in the consolidated statements of comprehensive income (loss) for the three and nine months ended December 31, 2024 and 2023:
Three Months Ended December 31,Nine Months Ended December 31,
(dollars in thousands)2024202320242023
BMP equity units$103 $305 $360 $1,549 
Restricted stock units679 1,165 4,690 17,206 
Preferred equity— 286 — 858 
Other(1)
22 270 112 17,917 
Total share-based compensation$804 $2,026 $5,162 $37,530 
(1) The year-to-date period December 31, 2023 includes $15.0 million of compensation recognized related to the BCG Recapitalization and $2.9 million recognized for equity based compensation issued to employees for Ben Liquidity transactions.
Share-Based Payment Arrangement, Nonvested Award, Cost The following table presents the share-based compensation expense expected to be recognized over the next five fiscal years ending March 31 for awards outstanding as of December 31, 2024:
(dollars in thousands)BMPRSUTotal
Three months ending 2025$84 $571 $655 
20262252,0662,291 
202714868882 
2028365365 
2029— 
Total$323 $3,870 $4,193