XML 40 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Debt, Finance Lease and Mandatorily Redeemable Noncontrolling Interest Obligations (Policies)
6 Months Ended
Oct. 02, 2021
Debt Disclosure [Abstract]  
Accounting policy for debt We entered into secured credit facilities with independent third-party banks to originate and hold consumer home-only loans secured by manufactured homes, which were pledged as collateral to the facilities. Those facilities have since been converted into an amortizing loan with maturity dates starting in 2028 and payments based on a 20 or 25-year amortization period, resulting in a balloon payment due upon maturity. The outstanding balance of the converted loans was $7.7 million as of October 2, 2021 and $8.2 million as of April 3, 2021 with a weighted average interest rate of 4.91%.