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Financing Arrangements (Tables)
 9 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides certain information about the current financing arrangements of the Company's and its subsidiaries as of December 31, 2021:
(In Thousands)December 31,
2021		March 31,
2021		Maturity DateInterest RateUnused commitments
Air T Debt
  Revolver - MBT$3,680 $— August 31, 2023
Greater of 2.5% or Prime - 1%
$13,320 
  Term Note A - MBT8,734 6,750 August 31, 20313.42%
  Term Note B - MBT3,081 3,375 August 31, 20313.42%
  Term Note D - MBT1,422 1,472 January 1, 2028
1-month LIBOR + 2%
Term Note E - MBT2,856 4,706 June 25, 2025
Greater of LIBOR + 1.5% or 2.5%
Debt - Trust Preferred Securities24,960 14,289 June 7, 20498.00%
PPP Loan— 8,215 December 24, 202211.00%
Total44,733 38,807 
AirCo 1 Debt
Term Loan - PSB6,393 6,200 December 11, 2025
3-month LIBOR + 3.00%
Total6,393 6,200 
Jet Yard Debt
Term Loan - MBT1,968 — August 31, 20314.14%
Total1,968 — 
Contrail Debt
Revolver - Old National Bank ("ONB")1,503 — September 5, 2023
1-month LIBOR + 3.45%
23,497 
Term Loan G - ONB44,918 43,598 November 24, 2025
1-month LIBOR + 3.00%
Total46,421 43,598 
Delphax Solutions Debt
Canadian Emergency Business Account Loan32 32 December 31, 20255.00%
Total32 32 
Wolfe Lake Debt
Term Loan - Bridgewater9,900 — December 2, 20313.65%
Total9,900 — 
Total Debt109,447 88,637 
Less: Unamortized Debt Issuance Costs(1,049)(1,141)
Total Debt, net$108,398 $87,496 
Schedule of Maturities of Long-term Debt
At December 31, 2021, our contractual financing obligations, including payments due by period, are as follows (in thousands):
Due byAmount
December 31, 2022$2,963 
December 31, 202312,688 
December 31, 20249,058 
December 31, 202540,817 
December 31, 20261,672 
Thereafter42,249 
109,447 
Less: Unamortized Debt Issuance Costs(1,049)
$108,398