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Related Party Transations (Table Text Block)
3 Months Ended
Jun. 30, 2024
Related Party Revenue [Abstract]  
Related Party Revenue

 

 

Quarter ended June 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,715

 

 

$

7,696

 

U-Haul management fee revenue from Mercury

 

 

1,780

 

 

 

1,481

 

 

 

$

9,495

 

 

$

9,177

 

Related Party costs and expenses

 

 

Quarter ended June 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

604

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

1,103

 

 

 

349

 

U-Haul commission expenses to Blackwater

 

 

22,695

 

 

 

22,703

 

U-Haul lease expenses to Mercury

 

 

38

 

 

 

 

U-Haul commission expenses to Mercury

 

 

6,128

 

 

 

 

 

 

$

30,568

 

 

$

23,656

 

Related party assets

 

 

June 30,

 

 

March 31,

 

 

 

2024

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

33,643

 

 

$

31,950

 

U-Haul receivable from Mercury

 

 

39,105

 

 

 

24,536

 

Other (a)

 

 

(5,494

)

 

 

1,448

 

 

 

$

67,254

 

 

$

57,934

 

 

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