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Related Party Transations (Table Text Block)
3 Months Ended 6 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2024
Mar. 31, 2024
Related Party Revenue [Abstract]      
Related Party Revenue

 

 

Quarter ended September 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,805

 

 

$

7,754

 

U-Haul management fee revenue from Mercury

 

 

1,781

 

 

 

1,513

 

 

 

$

9,586

 

 

$

9,267

 

 

 

Six months ended September 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

15,520

 

 

$

15,450

 

U-Haul management fee revenue from Mercury

 

 

3,561

 

 

 

2,994

 

 

 

$

19,081

 

 

$

18,444

 

 
Related Party costs and expenses

 

 

Quarter ended September 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

604

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

1,455

 

 

 

968

 

U-Haul commission expenses to Blackwater

 

 

24,434

 

 

 

24,035

 

U-Haul lease expenses to Mercury

 

 

38

 

 

 

 

U-Haul commission expenses to Mercury

 

 

6,323

 

 

 

 

 

 

$

32,854

 

 

$

25,607

 

 

 

 

Six months ended September 30,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

1,208

 

 

$

1,208

 

U-Haul printing expenses to Blackwater

 

 

2,558

 

 

 

1,317

 

U-Haul commission expenses to Blackwater

 

 

47,129

 

 

 

46,738

 

U-Haul lease expenses to Mercury

 

 

76

 

 

 

 

U-Haul commission expenses to Mercury

 

 

12,451

 

 

 

 

 

 

$

63,422

 

 

$

49,263

 

 
Related party assets  

 

 

September 30,

 

 

March 31,

 

 

 

2024

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

40,135

 

 

$

31,950

 

U-Haul receivable from Mercury

 

 

22,525

 

 

 

24,536

 

Other (a)

 

 

(8,372

)

 

 

1,448

 

 

 

$

54,288

 

 

$

57,934

 

 

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

 

 

September 30,

 

 

March 31,

 

 

 

2024

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

40,135

 

 

$

31,950

 

U-Haul receivable from Mercury

 

 

22,525

 

 

 

24,536

 

Other (a)

 

 

(8,372

)

 

 

1,448

 

 

 

$

54,288

 

 

$

57,934

 

 

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