Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 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 December 31, 2019 and March 31, 2019, and the valuation techniques used by the GUC Trust to determine those fair values.

	December 31, 2019
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash Equivalents:
Money market funds	$	547	$	—	$	—	$	547
Marketable Securities:
U.S. Treasury bills		—		432,322		—		432,322
Total Assets	$	547	$	432,322	$	—	$	432,869
Liabilities:
Liquidating distributions payable	$	323,537	$	—	$	—	$	323,537

	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