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Fair Value Disclosures (Tables)
6 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of financial instruments not measured at fair value The interest rate for the Ares Credit Facility is a variable rate based on LIBOR 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, 2021

 

$

22,851

 

 

$

-

 

 

$

-

 

 

$

22,851

 

 

$

22,851

 

March 31, 2021

 

$

32,977

 

 

$

-

 

 

$

-

 

 

$

32,977

 

 

$

32,977

 

Finance receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

$

-

 

 

$

-

 

 

$

165,561

 

 

$

165,561

 

 

$

165,561

 

March 31, 2021

 

$

-

 

 

$

-

 

 

$

170,318

 

 

$

170,318

 

 

$

170,318

 

Repossessed assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

$

-

 

 

$

-

 

 

$

859

 

 

$

859

 

 

$

859

 

March 31, 2021

 

$

-

 

 

$

-

 

 

$

685

 

 

$

685

 

 

$

685

 

Credit facility:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

$

-

 

 

$

-

 

 

$

71,530

 

 

$

71,530

 

 

$

71,530

 

March 31, 2021

 

$

-

 

 

$

-

 

 

$

88,300

 

 

$

88,300

 

 

$

88,300

 

Note Payable:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

$

-

 

 

$

-

 

 

$

3,244

 

 

$

3,244

 

 

$

3,244

 

March 31, 2021

 

$

-

 

 

$

-

 

 

$

3,244

 

 

$

3,244

 

 

$

3,244