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Investments in Operating Leases, Net (Tables)
12 Months Ended
Mar. 31, 2022
Leases Operating [Abstract]  
Investments in Operating Leases, Net

Investments in operating leases, net consisted of the following:

 

 

 

March 31,

 

 

March 31,

 

 

 

2022

 

 

2021

 

Investments in operating leases 1

 

$

45,728

 

 

$

48,337

 

Deferred origination (fees) and costs, net

 

 

(46

)

 

 

(101

)

Deferred income

 

 

(1,272

)

 

 

(1,759

)

Accumulated depreciation

 

 

(8,955

)

 

 

(9,386

)

Investments in operating leases, net

 

$

35,455

 

 

$

37,091

 

 

1

Includes securitized investments in operating leases of $16.2 billion and $9.3 billion as of March 31, 2022 and March 31, 2021, 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

 

2023

 

$

5,604

 

2024

 

 

3,620

 

2025

 

 

1,073

 

2026

 

 

83

 

2027

 

 

8

 

Thereafter

 

 

-

 

Total

 

$

10,388