v3.26.1
Equity Method Investments (Tables)
3 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
CAM's HLBV net assets, including common interests and investor interests, were $34.7 million and $37.3 million as of June 30, 2026 and 2025, respectively. Additionally, contributions from and distributions to both Air T and MRC for the three months ended June 30, 2026 and 2025 were as follows (in thousands):
Three Months Ended
June 30, 2026June 30, 2025
Contributions$49 $3,767 
Distributions$2,306 $2,515 
Investment balances for the Company's equity method investees as of June 30, 2026 and March 31, 2026 are as follows (in thousands):
InvestmentJune 30, 2026March 31, 2026
CAM$4,502 $10,322 
BCAP14,628 10,909 
Bloomia4,111 — 
CCI3,489 3,557 
Other equity method investments1,128 1,280 
Total$27,858 $26,068 
Net income (loss) attributable to Air T, Inc. stockholders for the Company's equity method investees, included in non-operating (expense) income on the condensed consolidated statements of income (loss), including basis difference adjustments and other comprehensive income adjustments, during the three months ended June 30, 2026 and 2025 is as follows (in thousands):
Three Months Ended
InvestmentJune 30, 2026June 30, 2025
CAM$3,671 $(251)
BCAP(330)— 
Bloomia(293)123 
CCI(68)(29)
Other equity method investments152 138 
Total$3,132 $(19)
The Company's equity method investees may, from time to time, make distributions and dividends to the Company in accordance with accumulated earnings at the investee. For the three months ended June 30, 2026 and 2025, the Company received distributions and dividends from equity method investees as follows (in thousands):
Three Months Ended
InvestmentJune 30, 2026June 30, 2025
CAM$1,934 $829 
BCAP1,190 — 
Other equity method investments346 298 
Total$3,470 $1,127