Debt Obligations (Tables)

6 Months Ended

Sep. 30, 2012

Debt Obligations [Abstract]

Debt Obligations

	September 30,		March 31,
	2012		2012
Securitized financing 2005-1	$	42,179	$	44,726
Securitized financing 2007-1		44,543		46,749
Construction lending lines		1,041		4,550
	$	87,763	$	96,025

Acquired Securitized Financings

	September 30,			March 31,
	2012			2012
Securitized financings – contractual amount	$	110,401		$	117,507
Purchase Discount
Accretable		(23,679	)		(26,032	)
Non-accretable (1)		—			—
Total securitized financings, net	$	86,722		$	91,475

⁽¹⁾  Because the contractual payments on securitized financing are determined by actual cash flows, the Company expects that there will not be a non-accretable difference.

Accretable Yield Movement on Acquired Securitized Financings

	Three Months Ended						Six Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Balance at the beginning of the period	$	24,634		$	31,346		$	26,032		$	—
Additions		—			—			—			32,072
Accretion		(1,345	)		(1,567	)		(2,743	)		(2,293	)
Reclassifications from nonaccretable discount		390			—			390			—
Balance at the end of the period	$	23,679		$	29,779		$	23,679		$	29,779