Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2012

Fair Value Measurements [Abstract]

Summary of the Fair Value and Carrying Value of Financial Instruments

	June 30, 2012						March 31, 2012
	Book Value			Estimated Fair Value			Book Value		Estimated Fair Value
Cash and cash equivalents (1)	$	47,149		$	47,149		$	41,094	$	41,094
Restricted cash (1)		7,585			7,585			6,784		6,784
Investments (2)		15,109			15,109			14,202		14,202
Consumer loans receivable (3)		117,873			121,822			119,299		122,620
Interest rate lock commitments (4)		12			12			11		11
Forward loan sale commitments (4)		(21	)		(21	)		7		7
Inventory finance receivable (5)		24,682			24,682			24,681		24,681
Construction lending line (5)		2,536			2,536			4,550		4,550
Securitized financings (6)		89,422			92,799			91,475		94,765

⁽¹⁾  The fair value approximates book value due to the instruments’ short-term maturity.

⁽²⁾  The fair value is based on quoted market prices.

⁽³⁾  Includes consumer loans receivable held for investment, held for sale and construction advances. The fair value of the loans held for investment is based on the discounted value of the remaining principal and interest cash flows. The fair value of the loans held for sale approximates book value since the sales price of these loans are known as of June 30, 2012.

⁽⁴⁾  The fair values are based on changes in interest rates and pull through rates.

⁽⁵⁾  The fair value approximates book value based on current market rates and the revolving nature of the investments.

⁽⁶⁾  The fair value is estimated using recent transactions of asset-backed securities.

Summary of Assets Measured at Fair Value on a Recurring Basis

	As of June 30, 2012
	Total			Level 1		Level 2		Level 3
Securities issued by the U.S Treasury and Government (1)	$	1,674		$	—	$	1,674	$	—
Mortgage-backed securities (1)		4,621			—		4,621		—
Securities issued by states and political subdivisions (1)		1,206			—		1,206		—
Corporate debt securities (1)		3,647			—		3,647		—
Marketable equity securities (1)		3,961			3,961		—		—
Interest rate lock commitments (2)		12			—		—		12
Forward loan sale commitments (2)		(21	)		—		—		(21	)

⁽¹⁾  Unrealized gains or losses on investments are recorded in accumulated other comprehensive income (loss) at each measurement date.

⁽²⁾  Gains or losses on derivatives are recognized in current period earnings through cost of sales.

Summary of Assets and Liabilities Measured at Fair Value for Disclosure

	As of June 30, 2012
	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	47,149	$	47,149	$	—	$	—
Loans held for investment		111,892		—		—		111,892
Loans held for sale		5,978		—		5,978		—
Loans held - construction advances		3,952		—		—		3,952
Inventory finance receivable		24,682		—		—		24,682
Construction lending facility		2,536		—		2,536		—
Securitized financings		92,799		—		92,799		—