Borrowings (Table Text Block)

3 Months Ended

Jun. 30, 2017

Debt Instruments [Abstract]

Long-Term Debt

				June 30,		March 31,
	2018 Rate (a)	Maturities		2017		2017
				(Unaudited)
				(In thousands)
Real estate loan (amortizing term)	2.62% - 6.93%	2023	$	166,789	$	169,289
Senior mortgages	3.72% - 5.50%	2022 - 2038		1,366,248		1,292,160
Working capital loan (revolving credit)	2.51%	2018		85,000		85,000
Fleet loans (amortizing term)	1.95% - 4.76%	2017 - 2024		341,313		324,977
Fleet loan (securitization)	4.90%	2017		50,055		52,112
Fleet loans (revolving credit)	2.19% - 2.20%	2018 - 2021		423,000		417,000
Capital leases (rental equipment)	1.92% - 4.86%	2017 - 2024		909,406		876,828
Other obligations	2.75% - 8.00%	2017 - 2047		70,216		69,867
Notes, loans and leases payable				3,412,027		3,287,233
Less: Debt issuance costs				(25,176)		(24,353)
Total notes, loans and leases payable, net			$	3,386,851	$	3,262,880
(a) Interest rate as of June 30, 2017, including the effect of applicable hedging instruments.

Annual Maturities of Notes, Loans and Leases Payable

		Year Ended June 30,
		2018		2019		2020		2021		2022		Thereafter
		(Unaudited)
		(In thousands)
Notes, loans and leases payable, secured	$	539,396	$	536,031	$	470,174	$	294,609	$	259,118	$	1,312,699

Components of interest expense

		Quarter Ended June 30,
		2017		2016
		(Unaudited)
		(In thousands)
Interest expense	$	29,629	$	24,085
Capitalized interest		(1,765)		(1,313)
Amortization of transaction costs		932		843
Interest expense resulting from derivatives		1,549		2,811
Total interest expense	$	30,345	$	26,426

Interest rates and company borrowings

		Revolving Credit Activity
		Quarter Ended June 30,
		2017		2016
		(Unaudited)
		(In thousands, except interest rates)
Weighted average interest rate during the quarter		2.24%		1.73%
Interest rate at quarter end		2.25%		1.72%
Maximum amount outstanding during the quarter	$	508,000	$	410,000
Average amount outstanding during the quarter	$	499,659	$	369,637
Facility fees	$	76	$	41