Trading and Available-For-Sale Securities at Fair Value (Tables)
|
12 Months Ended |
Mar. 31, 2020 |
|---|
| Debt Securities, Trading, and Equity Securities, FV-NI [Abstract] |
|
| Schedule of trading securities |
| |
|
March 31,
2020
|
|
|
March 31,
2019
|
|
| |
|
|
|
|
|
|
| Debt securities |
|
$ |
87,014 |
|
|
$ |
62,691 |
|
| Equity securities |
|
|
69,530 |
|
|
|
105,017 |
|
| Mutual investment funds |
|
|
- |
|
|
|
241 |
|
| Total trading securities |
|
$ |
156,544 |
|
|
$ |
167,949 |
|
| |
|
|
|
|
|
|
|
|
| Certificate of deposit |
|
$ |
5,076 |
|
|
$ |
- |
|
| Mutual investment funds |
|
|
672 |
|
|
|
- |
|
| Debt securities |
|
|
405 |
|
|
|
- |
|
| Preferred shares |
|
|
284 |
|
|
|
- |
|
| Equity securities |
|
|
1 |
|
|
|
2 |
|
| Total available-for-sale securities, at fair value |
|
$ |
6,438 |
|
|
$ |
2 |
|
|
| Assets at fair value on a recurring basis |
| |
|
|
|
|
Fair Value Measurements at |
|
| |
|
|
|
|
March 31, 2020 using |
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant unobservable units |
|
| |
|
March 31, 2020 |
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Debt securities |
|
$ |
87,014 |
|
|
$ |
87,014 |
|
|
$ |
- |
|
|
$ |
- |
|
| Equity securities |
|
|
69,530 |
|
|
|
58,271 |
|
|
|
- |
|
|
|
11,259 |
|
| Total trading securities |
|
$ |
156,544 |
|
|
$ |
145,285 |
|
|
$ |
- |
|
|
$ |
11,259 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
1 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1 |
|
| Debt securities |
|
|
405 |
|
|
|
- |
|
|
|
405 |
|
|
|
- |
|
| Certificate of deposit |
|
|
5,076 |
|
|
|
- |
|
|
|
5,076 |
|
|
|
- |
|
| Mutual investment funds |
|
|
672 |
|
|
|
672 |
|
|
|
- |
|
|
|
- |
|
| Preferred shares |
|
|
284 |
|
|
|
- |
|
|
|
284 |
|
|
|
- |
|
| Total available-for-sale securities, at fair value |
|
$ |
6,438 |
|
|
$ |
672 |
|
|
$ |
5,765 |
|
|
$ |
1 |
|
| |
|
|
|
|
Fair Value Measurements at |
|
| |
|
|
|
|
March 31, 2019 using |
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant unobservable units |
|
| |
|
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 |
|
|
| Level 3 inputs and valuation techniques |
| Type |
Valuation Technique |
FV as of March 31, 2020 |
FV as of March 31, 2019 |
Significant Unobservable Inputs |
% |
| |
|
|
|
|
|
| Corporate bonds |
DCF |
- |
$ 504 |
Discount rate |
11.3% |
| Equity securities |
DCF |
$11,259 |
- |
Discount rate |
9.5% |
| |
|
|
|
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 |
|
|
|
- |
|
| Revaluation of investments that use Level 3 inputs |
|
|
829 |
|
|
|
- |
|
| Foreign currency translation |
|
|
(7 |
) |
|
|
- |
|
| Balance as of March 31, 2020 |
|
$ |
11,259 |
|
|
$ |
2 |
|
|
| Available for sale securities |
| |
|
|
|
|
March 31, 2020 |
|
|
|
|
| |
|
Assets measured at amortized cost |
|
|
Unrealized loss accumulated in other comprehensive income/(loss) |
|
|
Assets measured at fair value |
|
| |
|
|
|
| Certificate of deposit |
|
$ |
5,050 |
|
|
$ |
26 |
|
|
$ |
5,076 |
|
| Mutual investment funds |
|
|
696 |
|
|
|
(24 |
) |
|
|
672 |
|
| Debt securities |
|
|
456 |
|
|
|
(51 |
) |
|
|
405 |
|
| Preferred shares |
|
|
306 |
|
|
|
(22 |
) |
|
|
284 |
|
| Equity securities |
|
|
1 |
|
|
|
- |
|
|
|
1 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of March 31, 2020 |
|
$ |
6,509 |
|
|
$ |
(71) |
|
|
$ |
6,438 |
|
| |
|
|
|
|
March 31, 2019 |
|
|
|
|
| |
|
Assets measured at amortized cost |
|
|
Unrealized loss accumulated in other comprehensive income/(loss) |
|
|
Assets measured at fair value |
|
| |
|
|
|
| Equity securities |
|
$ |
1 |
|
|
$ |
1 |
|
|
$ |
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of March 31, 2019 |
|
$ |
1 |
|
|
$ |
1 |
|
|
$ |
2 |
|
|