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Debt Obligations (Tables)
 6 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Debt Obligations
Debt obligations consist of amounts related to loans sold that did not qualify for loan sale accounting treatment. The following table summarizes debt obligations (in thousands):
 
September 30,
2017
 
April 1,
2017
Acquired securitized financings (acquired as part of the Palm Harbor transaction)
 
 
 
Securitized financing 2005-1
$
21,993

 
$
23,756

Securitized financing 2007-1
24,025

 
25,728

Other secured financings
4,965

 
4,987

Secured Term Loan
8,040

 
3,520

Total securitized financings and other, net
$
59,023

 
$
57,991
Acquired Securitized Financings
The following table summarizes acquired securitized financings (in thousands):
 
September 30,
2017
 
April 1,
2017
Securitized financings – contractual amount
$
51,727

 
$
57,120

Purchase discount
 
 
 
Accretable
(5,709
)
 
(7,636
)
Non-accretable (1)
—

 
—

Total acquired securitized financings, net
$
46,018

 
$
49,484

(1) There is no non-accretable difference, as the contractual payments on acquired securitized financing are determined by the cash collections from the underlying loans.
Accretable Yield Movement on Acquired Securitized Financings
The changes in accretable yield on securitized financings were as follows (in thousands):
 
Three Months Ended
 
Six Months Ended
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
Balance at the beginning of the period
$
6,666

 
$
11,459

 
$
7,636

 
$
12,333

Accretion
(846
)
 
(938
)
 
(1,716
)
 
(1,906
)
Adjustment to cash flows
(111
)
 
(731
)
 
(211
)
 
(637
)
Balance at the end of the period
$
5,709

 
$
9,790

 
$
5,709

 
$
9,790