Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the GUC Trust’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2019 and March 31, 2019, and the valuation techniques used by the GUC Trust to determine those fair values.

	September 30, 2019
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash Equivalents:
Money market funds	$	497	$	—	$	—	$	497
Marketable Securities:
U.S. Treasury bills		—		434,238		—		434,238
Total Assets	$	497	$	434,238	$	—	$	434,735
Liabilities:
Liquidating distributions payable	$	343,874	$	—	$	—	$	343,874
	March 31, 2019
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	34	$	—	$	—	$	34
Marketable Securities:
U.S. Treasury bills		—		503,228		—		503,228
Total Assets	$	34	$	503,228	$	—	$	503,262
Liabilities:
Liquidating distributions payable	$	1,785	$	—	$	—	$	1,785