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Related Party Transations (Table Text Block)
9 Months Ended
Dec. 31, 2023
Related Party Revenue [Abstract]  
Related Party Revenue

 

 

Quarter ended December 31,

 

 

 

2023

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,135

 

 

$

7,170

 

U-Haul management fee revenue from Mercury

 

 

3,003

 

 

 

2,910

 

 

 

$

10,138

 

 

$

10,080

 

 

 

 

Nine months ended December 31,

 

 

 

2023

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

22,585

 

 

$

22,726

 

U-Haul management fee revenue from Mercury

 

 

5,997

 

 

 

5,770

 

 

 

$

28,582

 

 

$

28,496

 

Related Party costs and expenses

 

 

Quarter ended December 31,

 

 

 

2023

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

604

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

877

 

 

 

 

U-Haul commission expenses to Blackwater

 

 

18,946

 

 

 

20,016

 

 

 

$

20,427

 

 

$

20,620

 

 

 

 

Nine months ended December 31,

 

 

 

2023

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

1,812

 

 

$

1,812

 

U-Haul printing expenses to Blackwater

 

 

2,194

 

 

 

 

U-Haul commission expenses to Blackwater

 

 

65,684

 

 

 

71,283

 

 

 

$

69,690

 

 

$

73,095

 

Related party assets

 

 

December 31,

 

 

March 31,

 

 

 

2023

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

41,674

 

 

$

42,141

 

U-Haul receivable from Mercury

 

 

13,711

 

 

 

8,402

 

Other (a)

 

 

(6,619

)

 

 

(2,235

)

 

 

$

48,766

 

 

$

48,308

 

 

(a)
Timing differences for intercompany balances with insurance subsidiaries resulting from the three-month difference in reporting periods.