Brokerage and Other Receivables, Net

9 Months Ended

Dec. 31, 2019

Other Receivables, Net, Current [Abstract]

Brokerage and Other Receivables, Net

	December 31, 2019			March 31, 2019
Margin lending receivables	$	155,058		$	46,716
Receivables from brokerage clients		1,175			824
Receivables from sale of securities		1,037			27,684
Bank commissions receivable		74			-
Receivable for underwriting and market-making services		65			-
Dividends accrued		1			108
Other receivables		47			130
Allowance for receivables		(240	)		(1,626	)
Total brokerage and other receivables, net	$	157,217		$	73,836

On December 31, 2019 and March 31, 2019, amounts due from a single related party customer were $135,414 and $31,792, respectively or 86% and 43%, respectively of total brokerage and other receivables, net. Based on experience, the Company considers receivables due from related parties as fully collectible. As of December 31, 2019 and March 31, 2019, using historical and statistical data, the Company recorded an allowance for brokerage receivables in the amount of $240 and $1,626, respectively.