XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
FAIR VALUE (Tables)
9 Months Ended
Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The carrying amount and estimated fair values of the Company’s financial instruments summarized by level are as follows:

 
December 31, 2017
 
March 31, 2017
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
ASSETS
 
 
 
 
 
 
 
Level 1 inputs
 
 
 
 
 
 
 
Cash and cash equivalents
$
24,971,364

 
$
24,971,364

 
$
15,200,410

 
$
15,200,410

Level 3 inputs
 
 
 
 
 
 
 
Loans receivable, net
790,904,508

 
790,904,508

 
695,700,589

 
695,700,589

LIABILITIES
 
 
 
 
 
 
 
Level 3 inputs
 
 
 
 
 
 
 
Senior notes payable
376,850,000

 
376,850,000

 
295,136,200

 
295,136,200