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ASSETS ON LEASE
 12 Months Ended
Mar. 31, 2020
Asset Retirement Obligation Disclosure [Abstract]  
ASSETS ON LEASE ASSETS ON LEASE
The Company leases equipment to third parties, primarily through Contrail which leases engines to aviation customers with lease terms between 2 and 3 years under operating lease agreements. All rental payments are fixed. For the assets currently on lease, there are no options for the lessees to purchase the assets at the end of the leases.

As of March 31, 2020, future fixed rental payments to be received under non-cancelable leases are as follows (in thousands):
Year ended March 31,
2021$1,172  
202283  
202361  
20246  
2025—  
Thereafter—  
Total$1,322