Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2020

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 and March 31, 2020, and the valuation techniques used by the GUC Trust to determine those fair values.

	September 30, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	1,141	$	—	$	—	$	1,141
Marketable Securities:
U.S. Treasury bills		—		118,829		—		118,829
Total Assets	$	1,141	$	118,829	$	—	$	119,970
Liabilities:
Liquidating distributions payable	$	57,235	$	—	$	—	$	57,235

	March 31, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	40,413	$	—	$	—		40,413
Marketable Securities:
U.S. Treasury bills		—		392,777		—		392,777
Total Assets	$	40,413	$	392,777	$	—	$	433,190
Liabilities:
Liquidating distributions payable	$	351,876	$	—	$	—	$	351,876