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Other Investments (Tables)
9 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of Other Invesments

A summary of the Company’s other investments at December 31, 2019 and March 31, 2019 is summarized in the tables that follow.

 

     December 31, 2019  
            Unrealized Amounts         
     Amortized
Costs
     Gains      Losses      Fair Value  

Debt Securities (Level 2)

   $ 38,614      $ 1,751      $ —        $ 40,365  

Forward Purchase Contracts (Level 2)

   $ 232,929      $ 71,649      $ —          304,578  
           

 

 

 
            $ 344,943  

Amounts classified within current assets

              15,362  
           

 

 

 

Amounts classified within Other investments

            $ 329,581  
           

 

 

 

 

     March 31, 2019  
            Unrealized Amounts         
     Amortized
Costs
     Gains      Losses      Fair
Value
 

Debt Securities

   $ —        $ —        $ —        $ —    

Forward Purchase Contracts

   $ —        $ —        $ —          —    
           

 

 

 
              —    

Amounts classified within current assets

              —    
           

 

 

 

Amounts classified within Other investments

            $ —    
           

 

 

 
Schedule of Maturities of Investments in Debt Securities

Scheduled maturities of investments in debt securities at December 31, 2019 were as follows:

 

     Amortized
Cost
     Fair
Value
 

Due in one year or less

   $ 15,362      $ 15,362  

Due after one year through five years

     23,252        25,003  

Due after five years through ten years

     —          —    

Due after ten years

     —          —    
  

 

 

    

 

 

 
   $ 38,614      $ 40,365  
  

 

 

    

 

 

 
Schedule of Unrealized Gains and Losses Related to Equity Securities

The portion of unrealized gains and losses for each period related to equity securities still held at each reporting date is calculated as follows:

 

     Nine Months Ended
December 31,
 
     2019      2018  

Net gains and losses recognized during the period on equity securities

   $ 71,649      $ —    

Less: Net gains and losses recognized during the period on equity securities sold during the period

     —          —    
  

 

 

    

 

 

 

Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date

   $ 71,649      $ —