FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Sep. 30, 2018

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



	September 30, 2018						September 30, 2017						March 31, 2018
					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	$	—	$	—	$	—	$	64	$	—	$	64	$	—	$	—	$	—
Securitized beneficial interests	—		17,512		17,512		—		23,668		23,668		—		48,715		48,715
Total assets	$	—	$	17,512	$	17,512	$	64	$	23,668	$	23,732	$	—	$	48,715	$	48,715
Liabilities
Long-term debt	$	897,264	$	706	$	897,970	$	852,082	$	—	$	852,082	$	911,264	$	895	$	912,159
Guarantees	—		1,861		1,861		—		2,770		2,770		—		5,864		5,864
Total liabilities	$	897,264	$	2,567	$	899,831	$	852,082	$	2,770	$	854,852	$	911,264	$	6,759	$	918,023

The following summarizes the reconciliation of changes in Level 3 instruments measured on a recurring basis:



	Three Months Ended September 30, 2018						Six Months Ended September 30, 2018
	Securitized Beneficial Interests			Guarantees			Securitized Beneficial Interests			Guarantees
Beginning balance	$	17,736		$	3,544		$	48,715		$	5,864
Issuances of sales of receivables/guarantees	42,210			1,160			90,896			1,403
Settlements	(41,467		)	(2,839		)	(121,018		)	(5,540		)
(Losses) gains recognized in earnings	(967		)	(4		)	(1,081		)	134
Ending balance	$	17,512		$	1,861		$	17,512		$	1,861



	Three Months Ended September 30, 2017						Six Months Ended September 30, 2017
	Securitized Beneficial Interest			Guarantees			Securitized Beneficial Interest			Guarantees
Beginning balance	$	13,199		$	6,388		$	38,206		$	7,126
Issuances of sales of receivables/guarantees	52,206			1,428			110,763			2,066
Settlements	(40,503		)	(4,578		)	(124,171		)	(5,954		)
Losses recognized in earnings	(1,234		)	(468		)	(1,130		)	(468		)
Ending balance	$	23,668		$	2,770		$	23,668		$	2,770