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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flow from operating activities:    
Net income (loss) $ 25,621,167 $ (9,204,051)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Amortization of intangible assets 2,131,879 2,238,154
Accrued unearned interest (1,861,155) (3,205,855)
Amortization of deferred loan cost 6,613,208 8,007,538
Gain on extinguishment of senior unsecured notes payable (621,776) 0
Amortization of debt issuance costs 995,155 745,810
Provision for credit losses 87,065,078 154,442,413
Depreciation 3,230,062 3,016,033
Amortization of finance leases 0 204,552
Gain on asset acquisitions, net of income tax 0 (3,708,344)
Gain on sale of property and equipment (62,085) (29,962)
Deferred income tax benefit (135,397) (8,579,264)
Stock-based compensation (reversal) related to stock option and restricted stock plans, net of cancellations (1,895,079) 7,636,636
Change in accounts:    
Other assets, net 3,303,326 (6,307,587)
Income taxes payable (585,915) (5,067,372)
Accounts payable and accrued expenses (712,520) (3,531,037)
Net cash provided by operating activities 123,085,948 136,657,664
Cash flows from investing activities:    
Increase in loans receivable, net (84,338,078) (149,437,154)
Cash paid for acquisitions, primarily loans 0 (22,314,902)
Purchases of property and equipment (3,198,907) (3,132,033)
Proceeds from the sale of property and equipment 261,148 283,927
Net cash used in investing activities (87,275,837) (174,600,162)
Cash flow from financing activities:    
Borrowings from senior notes payable 123,726,963 182,426,096
Payments on senior notes payable (155,081,884) (128,500,000)
Payments for extinguished senior unsecured notes payable (2,829,375) 0
Debt issuance costs associated with senior unsecured notes payable 0 (104,656)
Payments for debt extinguishment costs (8,750) 0
Debt issuance costs associated with senior notes payable (410,000) (430,136)
Proceeds from exercise of stock options 1,069,970 403,547
Repayment of finance lease 0 (80,067)
Repurchase of common stock 0 (14,314,088)
Net cash provided by (used in) financing activities (33,533,076) 39,400,696
Net change in cash and cash equivalents 2,277,035 1,458,198
Cash and cash equivalents at beginning of period 16,508,935 19,236,322
Cash and cash equivalents at end of period 18,785,970 20,694,520
Supplemental Disclosures:    
Interest paid during the period 24,526,424 24,513,429
Income taxes paid during the period 7,171,889 10,772,869
Finance lease right-of-use assets, net transferred to property and equipment, net $ 0 $ 402,960