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Related Party Transations (Table Text Block)
9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Related Party Revenue [Abstract]    
Related Party Revenue

 

 

Quarter ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,193

 

 

$

7,135

 

U-Haul management fee revenue from Mercury

 

 

1,676

 

 

 

3,003

 

 

 

$

8,869

 

 

$

10,138

 

 

 

 

 

Nine months ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

22,713

 

 

$

22,585

 

U-Haul management fee revenue from Mercury

 

 

5,237

 

 

 

5,997

 

 

 

$

27,950

 

 

$

28,582

 

 

 

Quarter ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

7,193

 

 

$

7,135

 

U-Haul management fee revenue from Mercury

 

 

1,676

 

 

 

3,003

 

 

 

$

8,869

 

 

$

10,138

 

 

 

 

 

Nine months ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul management fee revenue from Blackwater

 

$

22,713

 

 

$

22,585

 

U-Haul management fee revenue from Mercury

 

 

5,237

 

 

 

5,997

 

 

 

$

27,950

 

 

$

28,582

 

Related Party costs and expenses

 

 

Quarter ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

604

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

1,176

 

 

 

877

 

U-Haul commission expenses to Blackwater

 

 

19,409

 

 

 

18,946

 

U-Haul lease expenses to Mercury

 

 

38

 

 

 

 

U-Haul commission expenses to Mercury

 

 

5,304

 

 

 

 

 

 

$

26,531

 

 

$

20,427

 

 

 

 

Nine months ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

1,812

 

 

$

1,812

 

U-Haul printing expenses to Blackwater

 

 

3,734

 

 

 

2,194

 

U-Haul commission expenses to Blackwater

 

 

66,538

 

 

 

65,684

 

U-Haul lease expenses to Mercury

 

 

114

 

 

 

 

U-Haul commission expenses to Mercury

 

 

17,755

 

 

 

 

 

 

$

89,953

 

 

$

69,690

 

 

 

Quarter ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

604

 

 

$

604

 

U-Haul printing expenses to Blackwater

 

 

1,176

 

 

 

877

 

U-Haul commission expenses to Blackwater

 

 

19,409

 

 

 

18,946

 

U-Haul lease expenses to Mercury

 

 

38

 

 

 

 

U-Haul commission expenses to Mercury

 

 

5,304

 

 

 

 

 

 

$

26,531

 

 

$

20,427

 

 

 

 

Nine months ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul lease expenses to Blackwater

 

$

1,812

 

 

$

1,812

 

U-Haul printing expenses to Blackwater

 

 

3,734

 

 

 

2,194

 

U-Haul commission expenses to Blackwater

 

 

66,538

 

 

 

65,684

 

U-Haul lease expenses to Mercury

 

 

114

 

 

 

 

U-Haul commission expenses to Mercury

 

 

17,755

 

 

 

 

 

 

$

89,953

 

 

$

69,690

 

Related party assets

 

 

December 31,

 

 

March 31,

 

 

 

2024

 

 

2024

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

U-Haul receivable from Blackwater

 

$

40,323

 

 

$

31,950

 

U-Haul receivable from Mercury

 

 

18,604

 

 

 

24,536

 

Other (a)

 

 

(879

)

 

 

1,448

 

 

 

$

58,048

 

 

$

57,934

 

 

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