Revenue Recognition (Table Text Block)

3 Months Ended

6 Months Ended

Sep. 30, 2024

Revenue From Contract With Customer [Abstract]


	Years Ending September 30,
	2025		2026		2027		2028		2029		Thereafter
	(Unaudited)
	(In thousands)

Self-moving equipment rental revenues	$	5,761	$	—	$	—	$	—	$	—	$	—
Property lease revenues		10,838		18,786		12,824		9,255		6,467		31,283
Total	$	16,599	$	18,786	$	12,824	$	9,255	$	6,467	$	31,283

Disaggregation Of Revenue


	Quarter ended September 30,
	2024		2023
	(Unaudited)
	(In thousands)

Revenues recognized over time:	$	125,792	$	118,368
Revenues recognized at a point in time:		107,382		111,759
Total revenues recognized under ASC 606		233,174		230,127

Revenues recognized under ASC 842		1,339,320		1,305,523
Insurance premium revenues recognized under ASC 944		47,820		49,472
Net investment and interest income recognized under other topics		37,794		64,738
Total revenues	$	1,658,108	$	1,649,860


	Six months ended September 30,
	2024		2023
	(Unaudited)
	(In thousands)

Revenues recognized over time:	$	225,967	$	209,683
Revenues recognized at a point in time:		221,107		229,352
Total revenues recognized under ASC 606		447,074		439,035

Revenues recognized under ASC 842		2,593,637		2,527,839
Insurance premium revenues recognized under ASC 944		90,968		93,964
Net investment and interest income recognized under other topics		74,919		129,330
Total revenues	$	3,206,598	$	3,190,168

In the above table, the revenues recognized over time include property management fees, the shipping fees associated with U-Box container rentals and a portion of other revenues. Revenues recognized at a point in time include self-moving and self-storage products and service sales and a portion of other revenues.

We recognized liabilities resulting from contracts with customers for self-moving equipment rentals, self-storage revenues, U-Box revenues and tenant revenues, in which the length of the contract goes beyond the reported period end, although rental periods of the equipment, storage and U-Box contract are generally short-term in nature. The timing of revenue recognition results in liabilities that are reflected in deferred income on the balance sheet.