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Interest on Borrowings
12 Months Ended
Mar. 31, 2020
Interest Expense, Borrowings [Abstract]  
Interest on Borrowings F- 25   amerco and consolidated subsidiaries notes to consolidated financial statements – (continued) Note 10.   Interest on Borrowings Interest Expense Components of interest expense include the following:     Years Ended March 31,     2020   2019   2018     (In thousands) Interest expense $ 180,444 $ 150,609 $ 125,412 Capitalized interest   (23,517)   (12,733)   (6,466) Amortization of transaction costs   4,427   3,745   3,867 Interest expense resulting from cash flow hedges   (404)   824   3,893 Total interest expense   160,950   142,445   126,706   Interest paid in cash, including payments related to derivative contracts, amounted to $ 168.1 million, $ 149.8 million and $ 129.3 million for fiscal 2020, 2019 and 2018, respectively. Interest Rates Interest rates and our revolving credit borrowings were as follows:     Revolving Credit Activity       Years Ended March 31,       2020   2019   2018       (In thousands, except interest rates)   Weighted average interest rate during the year   3.31 % 3.39 % 2.48 % Interest rate at year end   2.86 % 3.60 % 2.84 % Maximum amount outstanding during the year $ 1,086,000 $ 959,400 $ 538,000   Average amount outstanding during the year $ 1,002,081 $ 699,415 $ 517,997   Facility fees $ 193 $ 374 $ 410