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Derivatives (Table Text Block)
3 Months Ended
Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments in statement of financial position, fair value

 

 

Derivatives Fair Values as of

 

 

September 30, 2023

 

March 31, 2023

 

 

(Unaudited)

 

 

 

 

(In thousands)

Interest rate swaps designated as cash flow hedges:

Assets

$

12,328

$

5,311

Notional amount

$

302,107

$

206,347

Effect of Interest Rate Contracts on the Statement of Operations

 

 

The Effect of Interest Rate Contracts on the Statements of Operations for the Quarters Ended

 

 

 

 

September 30, 2023

 

September 30, 2022

 

 

(Unaudited)

 

 

(In thousands)

Gain recognized in AOCI on interest rate contracts

$

(3,073)

$

(8,360)

(Gain) loss reclassified from AOCI into income

$

1,345

$

(24)