Leases (Tables)

3 Months Ended

Jun. 30, 2023

At June 30, 2023, the Company’s minimum rental revenue to be received under operating leases were as follows (in thousands):


	Operating
Year Ending March 31,	Leases
2024 (remainder of fiscal year)	$	2,738
2025		3,702
2026		2,422
2027		1,492
2028		1,380
Thereafter		1,081
Total minimum rental revenue	$	12,815

The components of lease expense were as follows (in thousands):

(1)Interest expense is included in finance lease costs

Supplemental balance sheet information related to the leases was as follows (dollars in thousands):


	June 30, 2023		March 31, 2023
Finance lease right-of-use assets	$	4,389	$	4,529
Operating lease right-of-use assets		9,136		8,808
Total right-of-use assets	$	13,525	$	13,337

Finance lease liability, current	$	840	$	773
Operating lease liability, current		2,881		2,492
Finance lease liability, non-current		2,641		2,903
Operating lease liability, non-current		6,534		6,588
Total lease liabilities	$	12,896	$	12,756

Finance leases:
Weighted average remaining lease life		2.02 years		2.27 years
Weighted average discount rate		13.00%		13.00%
Operating leases:
Weighted average remaining lease life		4.57 years		4.86 years
Weighted average discount rate		12.00%		12.00%

Supplemental cash flow information related to the leases was as follows (in thousands):


	Three Months Ended June 30,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities
Finance cash flows from finance leases	$	681	$	—
Operating cash flows from finance leases	$	11	$	—
Operating cash flows from operating leases	$	899	$	393
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	960	$	512


	Three Months Ended June 30,
	2023		2022
Cash paid for amounts included in the measurement of lease liabilities
Finance cash flows from finance leases	$	681	$	—
Operating cash flows from finance leases	$	11	$	—
Operating cash flows from operating leases	$	899	$	393
Right-of-use assets obtained in exchange for lease obligations
Operating leases	$	960	$	512