Borrowings (Table Text Block)

3 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2016

Dec. 31, 2016

Dec. 31, 2016

Debt Instruments [Abstract]

Long-Term Debt

				December 31,		March 31,
	2016 Rate (a)	Maturities		2016		2016
				(Unaudited)
				(In thousands)
Real estate loan (amortizing term)	2.17% - 6.93%	2023	$	171,789	$	205,000
Senior mortgages	2.24% - 5.50%	2017 - 2038		1,256,832		1,121,897
Working capital loans (revolving credit)	2.24%	2018		85,000		–
Fleet loans (amortizing term)	1.95% - 4.76%	2017 - 2023		216,582		218,998
Fleet loans (securitization)	4.90%	2017		53,876		62,838
Fleet loans (revolving credit)	1.76% - 2.46%	2018 - 2021		454,000		347,000
Capital leases (rental equipment)	2.12% - 7.16%	2017 - 2024		917,792		672,825
Other obligations	3.00% - 8.00%	2017 - 2045		67,318		60,200
Notes, loans and leases payable				3,223,189		2,688,758
Less: Debt issuance costs				(24,754)		(23,362)
Total notes, loans and leases payable			$	3,198,435	$	2,665,396
(a) Interest rate as of December 31, 2016, including the effect of applicable hedging instruments.

Annual Maturities of Notes, Loans and Leases Payable

		Twelve Months Ending December 31,
		2017		2018		2019		2020		2021		Thereafter
		(Unaudited)
		(In thousands)
Notes, loans and leases payable, secured	$	423,432	$	566,646	$	431,682	$	292,576	$	306,774	$	1,202,079

Components of interest expense

		Quarter Ended December 31,
		2016		2015
		(Unaudited)
		(In thousands)
Interest expense	$	27,441	$	22,452
Capitalized interest		(1,119)		(958)
Amortization of transaction costs		863		807
Interest expense resulting from derivatives		1,818		3,106
Total interest expense		29,003		25,407
Amortization on early extinguishment of debt		499		–
Total	$	29,502	$	25,407

		Nine Months Ended December 31,
		2016		2015
		(Unaudited)
		(In thousands)
Interest expense	$	77,849	$	61,756
Capitalized interest		(3,417)		(2,380)
Amortization of transaction costs		2,510		2,298
Interest expense resulting from derivatives		6,920		9,806
Total interest expense		83,862		71,480
Amortization on early extinguishment of debt		499		–
Total		84,361		71,480

Interest rates and company borrowings

		Revolving Credit Activity
		Quarter Ended December 31,
		2016		2015
		(Unaudited)
		(In thousands, except interest rates)
Weighted average interest rate during the quarter		1.82%		1.66%
Interest rate at the end of the quarter		1.89%		1.69%
Maximum amount outstanding during the quarter	$	597,000	$	265,000
Average amount outstanding during the quarter	$	550,304	$	258,207
Facility fees	$	10	$	25

		Revolving Credit Activity
		Nine Months Ended December 31,
		2016		2015
		(Unaudited)
		(In thousands, except interest rates)
Weighted average interest rate during the period		1.76%		1.65%
Interest rate at the end of the period		1.89%		1.69%
Maximum amount outstanding during the period	$	597,000	$	265,000
Average amount outstanding during the period	$	450,880	$	224,582
Facility fees	$	99	$	169