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Interest on Borrowings
12 Months Ended
Mar. 31, 2021
Interest Expense, Borrowings [Abstract]  
Interest on Borrowings F- 24   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,     2021   2020   2019     (In thousands) Interest expense $ 165,484 $ 180,444 $ 150,609 Capitalized interest   (11,573)   (23,517)   (12,733) Amortization of transaction costs   5,949   4,427   3,745 Interest expense resulting from cash flow hedges   3,642   (404)   824 Total interest expense   163,502   160,950   142,445 Interest paid in cash, including payments related to derivative contracts, amounted to $ 153.2 million, $ 168.1 million and $ 149.8 million for fiscal 2021, 2020 and 2019, respectively. Interest Rates Interest rates and our revolving credit borrowings were as follows:     Revolving Credit Activity       Years Ended March 31,       2021   2020   2019       (In thousands, except interest rates)   Weighted average interest rate during the year   1.40 % 3.31 % 3.39 % Interest rate at year end   1.40 % 2.86 % 3.60 % Maximum amount outstanding during the year $ 1,175,000 $ 1,086,000 $ 959,400   Average amount outstanding during the year $ 1,088,293 $ 1,002,081 $ 699,415   Facility fees $ 261 $ 193 $ 374