Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value, Long-term Debt

The carrying value and estimated fair value of the Company's Long-Term Debt are shown in the table below.

	December 31, 2016		December 31, 2015		March 31, 2016
Carrying value	$	993,853	$	950,056	$	920,444
Estimated fair value	901,076		786,520		753,038

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis

The following table summarizes the items measured at fair value on a recurring basis:

	December 31, 2016						December 31, 2015						March 31, 2016
					Total Assets /						Total Assets /						Total Assets /
					Liabilities						Liabilities						Liabilities
	Level 2		Level 3		at Fair Value		Level 2		Level 3		at Fair Value		Level 2		Level 3		at Fair Value
Assets
Derivative financial instruments	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Securitized beneficial interests	—		21,081		21,081		—		20,796		20,796		—		40,368		40,368
Total Assets	$	—	$	21,081	$	21,081	$	—	$	20,796	$	20,796	$	—	$	40,368	$	40,368
Liabilities
Guarantees	$	—	$	4,759	$	4,759	$	—	$	5,852	$	5,852	$	—	$	7,350	$	7,350
Derivative financial instruments	—		—		—		—		—		—		—		—		—
Total liabilities	$	—	$	4,759	$	4,759	$	—	$	5,852	$	5,852	$	—	$	7,350	$	7,350

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following tables present the changes in Level 3 instruments measured on a recurring basis:

	Three Months Ended December 31, 2016						Nine Months Ended December 31, 2016
	Securitized Beneficial Interests			Guarantees			Securitized Beneficial Interests			Guarantees
Beginning Balance	$	29,371		$	4,467		$	40,368		$	7,350
Issuances of guarantees/sales of receivables	61,371			1,272			164,228			5,397
Settlements	(68,503		)	(980		)	(181,230		)	(7,960		)
Losses recognized in earnings	(1,158		)	—			(2,285		)	(28		)
Ending Balance December 31, 2016	$	21,081		$	4,759		$	21,081		$	4,759

	Three Months Ended December 31, 2015						Nine Months Ended December 31, 2015
	Securitized Beneficial Interest			Guarantees			Securitized Beneficial Interest			Guarantees
Beginning Balance	$	21,792		$	4,865		$	40,712		$	8,650
Issuances of guarantees/sales of receivables	65,710			1,291			135,477			7,660
Settlements	(65,763		)	(304		)	(153,723		)	(9,550		)
Losses recognized in earnings	(943		)	—			(1,670		)	(908		)
Ending Balance December 31, 2015	$	20,796		$	5,852		$	20,796		$	5,852

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

The following table summarizes significant unobservable inputs and the valuation techniques thereof at December 31, 2016:

	Fair Value at December 31, 2016			Unobservable Input	Range (Weighted Average)
Securitized Beneficial Interests	$	21,081	Discounted Cash Flow	Discount Rate	3.94% to 4.25%
				Payment Speed	82 to 101 days
Tobacco Supplier Guarantees	$	708	Historical Loss	Historical Loss	9.90% to 15.92%
Tobacco Supplier Guarantees	$	4,051	Discounted Cash Flow	Market Interest Rate	16.50% to 38.00%