Trading And Available-For-Sale Securities At Fair Value (Tables)
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9 Months Ended |
Dec. 31, 2019 |
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| Debt Securities, Trading, and Equity Securities, FV-NI [Abstract] |
|
| Schedule of trading securities |
| |
|
December 31, 2019
|
|
|
March 31, 2019 |
|
| |
|
|
|
|
|
|
| Debt securities |
|
$ |
85,233 |
|
|
$ |
62,691 |
|
| Equity securities |
|
|
78,912 |
|
|
|
105,017 |
|
| Mutual investment funds |
|
|
- |
|
|
|
241 |
|
| Total trading securities |
|
$ |
164,145 |
|
|
$ |
167,949 |
|
| |
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
6,018 |
|
|
$ |
- |
|
| Mutual investment funds |
|
|
696 |
|
|
|
- |
|
| Debt securities |
|
|
455 |
|
|
|
- |
|
| Preferred shares |
|
|
312 |
|
|
|
- |
|
| Equity securities |
|
|
2 |
|
|
|
2 |
|
| Total available-for-sale securities, at fair value |
|
$ |
7,483 |
|
|
$ |
2 |
|
|
| Assets and liabilities at fair value on a recurring basis |
| |
|
|
|
|
Fair Value Measurements at |
|
| |
|
|
|
|
December 31, 2019 using |
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant Unobservable Inputs |
|
| |
|
December 31, 2019 |
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Debt securities |
|
$ |
85,233 |
|
|
$ |
85,233 |
|
|
$ |
- |
|
|
$ |
- |
|
| Equity securities |
|
|
78,912 |
|
|
|
68,446 |
|
|
|
- |
|
|
|
10,466 |
|
| Total trading securities |
|
$ |
164,145 |
|
|
$ |
153,679 |
|
|
$ |
- |
|
|
$ |
10,466 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
6,018 |
|
|
$ |
- |
|
|
$ |
6,018 |
|
|
$ |
- |
|
| Mutual investment funds |
|
|
696 |
|
|
|
696 |
|
|
|
- |
|
|
|
- |
|
| Debt securities |
|
|
455 |
|
|
|
- |
|
|
|
455 |
|
|
|
- |
|
| Preferred shares |
|
|
312 |
|
|
|
- |
|
|
|
312 |
|
|
|
- |
|
| Equity securities |
|
|
2 |
|
|
|
- |
|
|
|
- |
|
|
|
2 |
|
| Total available-for-sale securities, at fair value |
|
$ |
7,483 |
|
|
$ |
696 |
|
|
$ |
6,785 |
|
|
$ |
2 |
|
| |
|
|
|
|
Fair Value Measurements at
March 31, 2019 using
|
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant Unobservable Inputs |
|
| |
|
March 31,
2019
|
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
105,017 |
|
|
$ |
105,017 |
|
|
$ |
- |
|
|
$ |
- |
|
| Debt securities |
|
|
62,691 |
|
|
|
62,187 |
|
|
|
- |
|
|
|
504 |
|
| Mutual investment funds |
|
|
241 |
|
|
|
241 |
|
|
|
- |
|
|
|
- |
|
| Total trading securities |
|
$ |
167,949 |
|
|
$ |
167,445 |
|
|
$ |
- |
|
|
$ |
504 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
2 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2 |
|
| Total available-for-sale securities, at fair value |
|
$ |
2 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2 |
|
|
| Valuation Techniques and Significant Level 3 inputs used |
| Type |
Valuation Technique |
|
FV as of December 31,
2019
|
|
|
FV as of March 31,
2019
|
|
Significant Unobservable Inputs |
|
Input |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Corporate bonds |
DCF |
|
$ |
- |
|
|
$ |
504 |
|
Discount rate |
|
|
11.3 |
% |
| Equity security |
DCF |
|
|
10,466 |
|
|
|
- |
|
Discount rate |
|
|
9.8 |
% |
| |
|
|
|
|
|
|
|
|
|
Estimated number
of years
|
|
|
9 years |
|
|
| Reconciliation of beginning and ending balances for investments using level 3 inputs |
| |
|
Trading securities |
|
|
Available for sale securities |
|
| Balance as of March 31, 2019 |
|
$ |
504 |
|
|
$ |
2 |
|
| |
|
|
|
|
|
|
|
|
| Sale of investments that use Level 3 inputs |
|
|
(497 |
) |
|
|
- |
|
| Purchase of investments that use Level 3 inputs |
|
|
10,430 |
|
|
|
- |
|
| Foreign currency translation |
|
|
29 |
|
|
|
- |
|
| Balance as of December 31, 2019 |
|
$ |
10,466 |
|
|
$ |
2 |
|
|
| Available for sale securities |
| |
|
|
|
|
December 31, 2019 |
|
|
|
|
| |
|
Assets measured at amortized cost |
|
|
Unrealized gain/(loss) accumulated in other comprehensive income/(loss) |
|
|
Assets measured at fair value |
|
| |
|
|
|
|
|
|
|
|
|
| Certificates of deposit |
|
$ |
6,005 |
|
|
$ |
13 |
|
|
$ |
6,018 |
|
| Mutual investment funds |
|
|
691 |
|
|
|
5 |
|
|
|
696 |
|
| Debt securities |
|
|
455 |
|
|
|
- |
|
|
|
455 |
|
| Preferred shares |
|
|
304 |
|
|
|
8 |
|
|
|
312 |
|
| Equity securities |
|
|
2 |
|
|
|
- |
|
|
|
2 |
|
| Available-for-sale securities, at fair value |
|
$ |
7,457 |
|
|
$ |
26 |
|
|
$ |
7,483 |
|
| |
|
|
|
|
March 31,
2019
|
|
|
|
|
| |
|
Assets measured at amortized cost |
|
|
Unrealized gain accumulated in other comprehensive income/(loss) |
|
|
Assets measured at fair value |
|
| |
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
1 |
|
|
$ |
1 |
|
|
$ |
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Available-for-sale securities, at fair value |
|
$ |
1 |
|
|
$ |
1 |
|
|
$ |
2 |
|
|