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Investments in Operating Leases, Net (Tables)
12 Months Ended
Mar. 31, 2021
Leases Operating [Abstract]  
Investments in Operating Leases, Net

Investments in operating leases, net consisted of the following:

 

 

 

March 31,

 

 

March 31,

 

 

 

2021

 

 

2020

 

Investments in operating leases 1

 

$

48,337

 

 

$

48,638

 

Deferred origination (fees) and costs, net

 

 

(101

)

 

 

(223

)

Deferred income

 

 

(1,759

)

 

 

(1,962

)

Accumulated depreciation

 

 

(9,386

)

 

 

(9,976

)

Allowance for credit losses

 

 

-

 

 

 

(90

)

Investments in operating leases, net

 

$

37,091

 

 

$

36,387

 

 

1

Includes securitized investments in operating leases of $9.3 billion and $7.9 billion as of March 31, 2021 and March 31, 2020, respectively.

Future Minimum Rentals on Investments in Operating Leases

Future minimum rentals on investments in operating leases are as follows: 

 

Years ending March 31,

 

Future minimum

rentals on operating leases

 

2022

 

$

5,969

 

2023

 

 

3,807

 

2024

 

 

1,505

 

2025

 

 

101

 

2026

 

 

7

 

Thereafter

 

 

-

 

Total

 

$

11,389