Income Taxes	3 Months Ended
Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company is not subject to taxation under the laws of Bermuda since it was organized as a Bermuda Exempted Limited Company, for which there is no current tax regime. The Company’s provision for income taxes is primarily on income taxes in the United States for federal, state and local income taxes. The Company's effective tax rate of (4.88)% and (0.02)% for the three months ended June 30, 2017 and 2016, respectively, differs from the Bermuda federal statutory rate of 0% primarily due to the U.S. permanent unfavorable tax differences, and a valuation allowance that effectively eliminates the Company's net deferred tax assets in the United States. The Company assesses the realizability of its deferred tax assets at each balance sheet date based on available positive and negative evidence in order to determine the amount which is more likely than not to be realized and records a valuation allowance as necessary. The Company files income tax returns in the United States for federal, state and local jurisdictions. MSI will file its initial U.S. federal, state and local income tax returns for the fiscal year ended March 31, 2017 by December 2017. Once filed, the Company will be subject to income tax examinations for fiscal year 2016 and forward in all applicable income tax jurisdictions.

Income Taxes

3 Months Ended

Jun. 30, 2017

The Company is not subject to taxation under the laws of Bermuda since it was organized as a Bermuda Exempted Limited Company, for which there is no current tax regime. The Company’s provision for income taxes is primarily on income taxes in the United States for federal, state and local income taxes. The Company's effective tax rate of (4.88)% and (0.02)% for the three months ended June 30, 2017 and 2016, respectively, differs from the Bermuda federal statutory rate of 0% primarily due to the U.S. permanent unfavorable tax differences, and a valuation allowance that effectively eliminates the Company's net deferred tax assets in the United States.

The Company assesses the realizability of its deferred tax assets at each balance sheet date based on available positive and negative evidence in order to determine the amount which is more likely than not to be realized and records a valuation allowance as necessary.

The Company files income tax returns in the United States for federal, state and local jurisdictions. MSI will file its initial U.S. federal, state and local income tax returns for the fiscal year ended March 31, 2017 by December 2017. Once filed, the Company will be subject to income tax examinations for fiscal year 2016 and forward in all applicable income tax jurisdictions.