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ALLOWANCE FOR CREDIT LOSSES (Tables)
 12 Months Ended
Mar. 31, 2023
ALLOWANCE FOR CREDIT LOSSES [Abstract]  
Activity in Reserves for Credit Losses
The following table provides the activity in our allowance for credit losses for the years ended March 31, 2023, 2022, and 2021 (in thousands):

 
Accounts
Receivable
    
Notes
Receivable
    
Lease
Receivables
    
Total
  
Balance as of March 31, 2020
    
1,781
      
798
    

610
      
3,189
  
Provision for credit losses
    
367
      
503
      
566
      
1,436
  
Write-offs and other
    
(84
)
    
(89
)
    
(5
)
    
(178
)
Balance as of March 31, 2021
    
2,064
      
1,212
      
1,171
      
4,447
  
Provision for credit losses
    
482
      
(312
)
    
(272
)
    
(102
)
Write-offs and other
    
(135
)
    
(192
)
    
(218
)
    
(545
)
Balance as of March 31, 2022
    
2,411
      
708
      
681
      
3,800
  
Provision for credit losses
    
273
      
93
      
300
      
666
  
Write-offs and other
    
(112
)
    
-
      
-
      
(112
)
Balance as of March 31, 2023
    
2,572
      
801
    

981
      
4,354
  
Amortized Cost Basis of Financing Receivables by Credit Quality Rating and Credit Origination Year
The following table provides the amortized cost basis of our financing receivables by CQR and by credit origination year as of March 31, 2023(in thousands):

 
Amortized cost basis by origination year ending March 31,
                          
   
2023
    
2022
    
2021
    
2020
    
2019
    
2018
and prior
    
Total
    
Transfers
(2)
    
Net
credit
exposure
  
                                                       
Notes receivable:
                                                      
High CQR
  
$
72,155
    
$
11,378
    
$
11,267
    
$
370
    
$
30
    
$
-
    
$
95,200
    
$
(28,115
)
  
$
67,085
  
Average CQR
    
12,793
      
2,675
      
213
      
115
      
61
      
1
      
15,858
      
(1,432
)
    
14,426
  
Total
  
$
84,948
    
$
14,053
    
$
11,480
    
$
485
    
$
91
    
$
1
    
$
111,058
    
$
(29,547
)
  
$
81,511
  
                                                                         
Lease receivables:
                                                                        
High CQR
  
$
21,629
    
$
3,842
    
$
1,916
    
$
565
    
$
51
    
$
9
    
$
28,012
    
$
(1,437
)
  
$
26,575
  
Average CQR
    
23,796
      
3,430
      
770
      
35
      
3
      
-
      
28,034
      
(1,594
)
    
26,440
  
Total
  
$
45,425
    
$
7,272
    
$
2,686
    
$
600
    
$
54
    
$
9
    
$
56,046
    
$
(3,031
)
  
$
53,015
  
                                                                         
Total amortized cost (1)
  
$
130,373
    
$
21,325
    
$
14,166
    
$
1,085
    
$
145
    
$
10
    
$
167,104
    
$
(32,578
)
  
$
134,526
  

  (1)
Unguaranteed residual values of $4,222 thousand that we retained after selling the related lease receivable is excluded from amortized cost.
  (2)
Transfers consist of receivables that have been transferred to third-party financial institutions on a non-recourse basis.

The following table provides the amortized cost basis of our financing receivables by CQR and by credit origination year as of March 31, 2022 (in thousands):

 
Amortized cost basis by origination year ending March 31,
                          
   
2022
    
2021
    
2020
    
2019
    
2018
     2017    
Total
    
Transfers
(2)
    
Net
credit
exposure
  
                                                       
Notes receivable:
                                                      
High CQR
  
$
35,264
    
$
28,005
    
$
1,297
    
$
345
    
$
2
     $ 4    
$
64,917
    
$
(30,274
)
  
$
34,643
  
Average CQR
    
8,922
      
2,976
      
758
      
213
      
3
       -      
12,872
      
(4,763
)
    
8,109
  
Total
  
$
44,186
    
$
30,981
    
$
2,055
    
$
558
    
$
5
     $ 4    
$
77,789
    
$
(35,037
)
  
$
42,752
  
                                                                         
Lease receivables:
                                                                        
High CQR
  
$
14,549
    
$
5,002
    
$
2,499
    
$
902
    
$
50
     $
11    
$
23,013
    
$
(3,385
)
  
$
19,628
  
Average CQR
    
10,936
      
3,092
      
741
      
47
      
72
       -      
14,888
      
(347
)
    
14,541
  
Total
  
$
25,485
    
$
8,094
    
$
3,240
    
$
949
    
$
122
     $ 11    
$
37,901
    
$
(3,732
)
  
$
34,169
  
                                                                         
Total amortized cost (1)
  
$
69,671
    
$
39,075
    
$
5,295
    
$
1,507
    
$
127
     $ 15    
$
115,690
    
$
(38,769
)
  
$
76,921
  

  (1)
Unguaranteed residual values of $6,424 thousand that we retained after selling the related lease receivable is excluded from amortized cost.
  (2)
Transfers consist of receivables that have been transferred to third-party financial institutions on a non-recourse basis and receivables that are in the process of being transferred to third-party financial institutions.
Aging Analysis of Financing Receivables
The following table provides an aging analysis of our financing receivables as of March 31, 2023 (in thousands):

 
31-60
Days Past
Due
    
61-90
Days Past
Due
    
> 90
Days Past
Due
    
Total
Past Due
    
Current
    
Total
Billed
    
Unbilled
    
Amortized
Cost
  
Notes receivable
  
$
1,020
    
$
862
    
$
473
    
$
2,355
    
$
7,703
    
$
10,058
    
$
101,000
 
$
111,058
  
Lease receivables
    
1,068
      
463
      
864
      
2,395
      
5,413
      
7,808
      
48,238
   
56,046
  
Total
  
$
2,088
    
$
1,325
    
$
1,337
    
$
4,750
    
$
13,116
    
$
17,866
    
$
149,238
 
$
167,104
  

The following table provides an aging analysis of our financing receivables as of March 31, 2022 (in thousands):

 
31-60
Days Past
Due
    
61-90
Days Past
Due
    
> 90
Days Past
Due
    
Total
Past Due
    
Current
    
Total
Billed
    
Unbilled
    
Amortized
Cost
  
Notes receivable
  
$
187
    
$
37
    
$
23
    
$
247
    
$
5,307
    
$
5,554
    
$
72,235
    
$
77,789
  
Lease receivables
    
115
      
325
      
430
      
870
      
639
      
1,509
      
36,392
      
37,901
  
Total
  
$
302
    
$
362
    
$
453
    
$
1,117
    
$
5,946
    
$
7,063
    
$
108,627
    
$
115,690
  

Our financial assets on nonaccrual status were not significant as of March 31, 2023, and March 31, 2022.