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RETIREMENT PLANS (Tables)
12 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Schedule of Net Pension Costs
The following tables set forth the Retirement Restoration Plan’s net pension benefit and benefit obligation amounts at March 31, 2023, 2022 and 2021, as well as amounts recognized in our Consolidated Statements of Assets and Liabilities at March 31, 2023 and 2022 (amounts in thousands): 
 Years ended March 31, 
 202320222021
Net pension cost   
Interest cost on projected benefit obligation$90 $79 $96 
Net amortization33 37 35 
Net pension cost from restoration plan$123 $116 $131 
 
 Years ended March 31, 
 202320222021
Change in benefit obligation   
Benefit obligation at beginning of year$2,707 $2,979 $3,082 
Interest cost90 79 96 
Actuarial (gain) loss(2,052)(104)42 
Benefits paid(147)(247)(241)
Benefit obligation at end of year$598 $2,707 $2,979 
 Years ended March 31, 
 20232022
Amounts recognized in our Consolidated Statements of Assets and Liabilities  
Projected benefit obligation$(598)$(2,707)
Net actuarial (gain) loss recognized as a component of equity(1,128)957 
Total$(1,726)$(1,750)
Accumulated benefit obligation$(598)$(2,707)
Schedule of Changes in Benefit Obligation
The following tables set forth the Retirement Restoration Plan’s net pension benefit and benefit obligation amounts at March 31, 2023, 2022 and 2021, as well as amounts recognized in our Consolidated Statements of Assets and Liabilities at March 31, 2023 and 2022 (amounts in thousands): 
 Years ended March 31, 
 202320222021
Net pension cost   
Interest cost on projected benefit obligation$90 $79 $96 
Net amortization33 37 35 
Net pension cost from restoration plan$123 $116 $131 
 
 Years ended March 31, 
 202320222021
Change in benefit obligation   
Benefit obligation at beginning of year$2,707 $2,979 $3,082 
Interest cost90 79 96 
Actuarial (gain) loss(2,052)(104)42 
Benefits paid(147)(247)(241)
Benefit obligation at end of year$598 $2,707 $2,979 
 Years ended March 31, 
 20232022
Amounts recognized in our Consolidated Statements of Assets and Liabilities  
Projected benefit obligation$(598)$(2,707)
Net actuarial (gain) loss recognized as a component of equity(1,128)957 
Total$(1,726)$(1,750)
Accumulated benefit obligation$(598)$(2,707)
Schedule of Amounts Recognized in Consolidated Statements of Assets and Liabilities
The following tables set forth the Retirement Restoration Plan’s net pension benefit and benefit obligation amounts at March 31, 2023, 2022 and 2021, as well as amounts recognized in our Consolidated Statements of Assets and Liabilities at March 31, 2023 and 2022 (amounts in thousands): 
 Years ended March 31, 
 202320222021
Net pension cost   
Interest cost on projected benefit obligation$90 $79 $96 
Net amortization33 37 35 
Net pension cost from restoration plan$123 $116 $131 
 
 Years ended March 31, 
 202320222021
Change in benefit obligation   
Benefit obligation at beginning of year$2,707 $2,979 $3,082 
Interest cost90 79 96 
Actuarial (gain) loss(2,052)(104)42 
Benefits paid(147)(247)(241)
Benefit obligation at end of year$598 $2,707 $2,979 
 Years ended March 31, 
 20232022
Amounts recognized in our Consolidated Statements of Assets and Liabilities  
Projected benefit obligation$(598)$(2,707)
Net actuarial (gain) loss recognized as a component of equity(1,128)957 
Total$(1,726)$(1,750)
Accumulated benefit obligation$(598)$(2,707)
Schedule of Assumptions Used
The following assumptions were used in estimating the actuarial present value of the projected benefit obligations: 
 Years ended March 31,
 202320222021
Discount rate5.00 %3.50 %2.75 %
 
The following assumptions were used in estimating the net periodic (income)/expense:
 Years ended March 31, 
 202320222021
Discount rate3.50 %2.75 %3.25 %
Schedule of Expected Benefit Payments Following are the expected benefit payments for the next five years and in the aggregate for the years 2029-2033 (amounts in thousands):
202420252026202720282029-2033
Restoration Plan$47 $47 $47 $46 $46 $221