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Commercial Loans Receivables and Allowance for Loan Loss (Tables)
 12 Months Ended
Mar. 28, 2015
Receivables [Abstract]  
Commercial Loans Receivables
receivable, net, consist of the following by class of financing notes receivable (in thousands):
 
March 28,
2015
 
March 29,
2014
Direct loans receivable
$
15,802

 
$
19,879

Participation loans receivable
2,352

 
1,568

Allowance for loan loss
(73
)
 
(139
)
 
$
18,081

 
$
21,308
Commercial Loans Receivable Characteristics (Weighted averages) [Table Text Block]
The commercial loans receivable balance has the following characteristics:
 
March 28,
2015
 
March 29,
2014
Weighted average contractual interest rate
6.5
%
 
8.0
%
Weighted average months to maturity
6

 
8

The Company evaluates the potential for loss from its participation loan programs based on the independent lender’s overall financial stability, as well as historical experience, and has determined that an applicable allowance for loan loss was not needed at either March 28, 2015 or March 29, 2014.
Changes in the Allowance for Loan Losses on Commercial Loans Receivables
The following table represents changes in the estimated allowance for loan losses, including related additions and deductions to the allowance for loan loss applicable to the direct programs (in thousands):
 
Year Ended
 
March 28,
2015
 
March 29,
2014
Balance at beginning of period
$
139

 
$
350

Provision for commercial loan credit losses
(83
)
 
(224
)
Loans charged off, net of recoveries
17

 
13

Balance at end of period
$
73

 
$
139
Allowance for Loan Losses andCommercial Loans Receivables By Class Individually and Collectively Evaluated for Impairment
The following table disaggregates commercial loans receivable and the estimated allowance for loan loss for each class of financing receivable by evaluation methodology (in thousands):
 
Direct Commercial Loans
 
Participation Commercial Loans
 
March 28,
2015
 
March 29,
2014
 
March 28,
2015
 
March 29,
2014
Commercial loans receivable:
 
 
 
 
 
 
 
Collectively evaluated for impairment
$
7,229

 
$
12,202

 
$
—

 
$
—

Individually evaluated for impairment
8,573

 
7,677

 
2,352

 
1,568

 
$
15,802

 
$
19,879

 
$
2,352

 
$
1,568

Allowance for loan loss:
 
 
 
 
 
 
 
Collectively evaluated for impairment
$
(73
)
 
$
(126
)
 
$
—

 
$
—

Individually evaluated for impairment
—

 
(13
)
 
—

 
—

 
$
(73
)
 
$
(139
)
 
$
—

 
$
—
Commercial Loans Receivables by Class and Internal Credit Quality Indicator
The following table disaggregates the Company’s commercial loans receivable by class and credit quality indicator (in thousands):
 
Direct Commercial Loans
 
Participation Commercial Loans
 
March 28,
2015
 
March 29,
2014
 
March 28,
2015
 
March 29,
2014
Risk profile based on payment activity:
 
 
 
 
 
 
 
Performing
$
15,728

 
$
19,477

 
$
2,352

 
$
1,568

Watch list
—

 
—

 
—

 
—

Nonperforming
74

 
402

 
—

 
—

 
$
15,802

 
$
19,879

 
$
2,352

 
$
1,568
Geographic Concentration of Commercial Loans Receivables in Key States
The Company has concentrations of commercial loans receivable related to factory-built homes located in the following states, measured as a percentage of commercial loans receivables principal balance outstanding:
 
March 28,
2015
 
March 29,
2014
Texas
42.4
%
 
14.9
%
Arizona
10.4
%
 
10.3
%
Florida
0.9
%
 
24.4
%
Colorado
—
%
 
22.0
%