BORROWINGS (Tables)

9 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Borrowings Outstanding

The Company had the following borrowings outstanding as of December 31, 2022 and March 31, 2022 (amounts in thousands):

December 31, 2022	Outstanding Balance		Unamortized Debt Issuance Costs and Debt Discount/Premium		Recorded Value
SBA Debentures	$	104,000	$	(3,418)	$	100,582
Credit Facility	225,000		—		225,000
January 2026 Notes	140,000		(1,033)		138,967
October 2026 Notes	150,000		(2,922)		147,078
	$	619,000	$	(7,373)	$	611,627
March 31, 2022
SBA Debentures	$	40,000	$	(1,648)	$	38,352
Credit Facility	205,000		—		205,000
January 2026 Notes	140,000		(1,286)		138,714
October 2026 Notes	150,000		(3,478)		146,522
	$	535,000	$	(6,412)	$	528,588

Schedule of Issued and Outstanding SBA Debentures

As of December 31, 2022, the Company's issued and outstanding SBA Debentures mature as follows (amounts in thousands):

Pooling Date (1)	Maturity Date	Fixed Interest Rate	December 31, 2022
9/22/2021	9/1/2031	1.575%	$	15,000
3/23/2022	3/1/2032	3.209%	25,000
9/21/2022	9/1/2032	4.533%	40,000
(2)	(2)	(2)	24,000
			$	104,000

(1)The SBA has two scheduled pooling dates for SBA Debentures (in March and in September). Certain SBA Debentures funded during the reporting periods may not be pooled until the subsequent pooling date.

(2)The Company issued $24.0 million in SBA Debentures that will pool in March 2023. Until the pooling date, the SBA Debentures bear interest at a fixed rate with a weighted-average interim interest rate of 5.14%.