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Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2019
Fair Value Measurements [Abstract]  
Summary of Fair Value of Freestanding Derivative



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

Fair Values of Derivative Financial Instruments



 

Asset (Liability)

Derivative financial instruments not designated as hedging instruments:

 

Balance Sheet Location

 

 

June 30, 2019

 

March 31, 2019

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Freestanding Option

 

Dividend receivable

 

$

48,807 

 

$

81,264 



Reconciliation of Fair Value Derivative Using Unobservable Inputs



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

Three Months Ended

 

 



 

 

June 30,

 

 



 

 

2019

 

 

2018

 

 

Balance at beginning of period

 

$

81,264 

 

$

59,116 

 

 

Increase in fair value based on ASC 505 equity-based compensation

 

 

 —

 

 

5,300 

 

 

Settlements due to exercise of awards

 

 

 —

 

 

(78)

 

 

Change in fair value of equity-based awards

 

 

(32,457)

 

 

 —

 

 

Balance at end of period

 

$

48,807 

 

$

64,338