Fair Value Measurements (Tables)

9 Months Ended

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

	December 31, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	4,505	$	—	$	—	$	4,505
Marketable Securities:
U.S. Treasury bills		—		112,401		—		112,401
Total Assets	$	4,505	$	112,401	$	—	$	116,906
Liabilities:
Liquidating distributions payable	$	58,696	$	—	$	—	$	58,696

	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