Transition report pursuant to Rule 13a-10 or 15d-10

FAIR VALUE DISCLOSURES (Tables)

v3.22.4
FAIR VALUE DISCLOSURES (Tables)
9 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of fair value of debt
The carrying and fair value of the Company’s debt for the periods in the table below were as follows (in thousands):
Carrying
Amount
Level 1 Level 2 Level 3
December 31, 2022
LIABILITIES
6.875% Senior Notes(1)
$ 392,763  $ —  $ 366,629  $ — 
Lombard Debt(2)
118,658  —  120,358  — 
$ 511,421  $ —  $ 486,987  $ — 
March 31, 2022
LIABILITIES
6.875% Senior Notes(1)
$ 391,690  $ —  $ 407,436  $ — 
Lombard Debt(2)
133,978  —  138,328  — 
$ 525,668  $ —  $ 545,764  $ — 
_________________ 
(1)As of December 31, 2022 and March 31, 2022, the carrying values were net of unamortized deferred financing fees of $7.2 million and $8.3 million, respectively.
(2)As of December 31, 2022 and March 31, 2022, the carrying values of unamortized discounts were $7.0 million and $13.1 million, respectively.