SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of VIE’s consolidated assets and liabilities (Details) - USD ($) $ in Thousands |
Sep. 30, 2022 |
Mar. 31, 2022 |
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Cash and cash equivalents | $ 790,390 | $ 225,464 | [1] | ||
Restricted cash | 440,030 | 547,950 | [1] | ||
Trading securities | 1,359,544 | 1,158,377 | [1] | ||
Brokerage and other receivables, net | 408,169 | 147,659 | [1] | ||
Fixed assets, net | 36,857 | 17,823 | [1] | ||
Intangible assets, net | 7,687 | 5,163 | [1] | ||
Right-of-use asset | 13,602 | 7,431 | [1] | ||
Other assets | 62,042 | 26,136 | [1] | ||
TOTAL ASSETS | 4,784,365 | 3,227,750 | [1] | ||
Customer liabilities | 1,567,458 | 765,628 | [1] | ||
Securities repurchase agreement obligations | 981,190 | 840,224 | [1] | ||
Trade payables | 69,088 | 45,083 | [1] | ||
Lease liability | 13,348 | 7,504 | [1] | ||
Other liabilities | 170,078 | 15,852 | [1] | ||
TOTAL LIABILITIES | 4,163,034 | 2,681,142 | [1] | ||
Variable interest entity, primary beneficiary | |||||
Cash and cash equivalents | 1,645 | 134 | |||
Restricted cash | 0 | 2,843 | |||
Trading securities | 3,437 | 2,942 | |||
Brokerage and other receivables, net | 273 | 435 | |||
Fixed assets, net | 803 | 1,043 | |||
Intangible assets, net | 147 | 205 | |||
Right-of-use asset | 512 | 905 | |||
Other assets | 92 | 127 | |||
TOTAL ASSETS | 6,909 | 8,634 | |||
Customer liabilities | 9,362 | 8,439 | |||
Securities repurchase agreement obligations | 0 | 3,267 | |||
Trade payables | 5 | 35 | |||
Lease liability | 538 | 914 | |||
Other liabilities | 65 | 434 | |||
TOTAL LIABILITIES | $ 9,970 | $ 13,089 | |||
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- Definition Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The current portion of money or property received from customers which is either to be returned upon satisfactory contract completion or applied to customer receivables in accordance with the terms of the contract or the understandings. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of right-of-use asset from finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The current portion of nonphysical assets, excluding financial assets, if these assets are classified into the current and noncurrent portions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after allowance, of receivables classified as other, due within one year or the operating cycle, if longer. No definition available.
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after the effects of master netting arrangements, of funds outstanding borrowed in the form of a security repurchase agreement between the entity and another party for the sale and repurchase of identical or substantially the same securities at a date certain for a specified price. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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