CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
Investment income:
Interest	$ 506	$ 328	$ 1,444	$ 1,078
Dividends	4,955	1,899	6,148	4,860
Management and directors' fees	163	135	486	554
Revenues total	5,624	2,362	8,078	6,492
Operating expenses:
Salaries	588	526	1,571	1,389
Stock option expense	253	245	757	713
Net pension benefit	(75)	(73)	(225)	(218)
Professional fees	202	204	741	617
Other operating expenses	244	207	739	646
Total operating expenses	1,212	1,109	3,583	3,147
Income before income taxes	4,412	1,253	4,495	3,345
Income tax expense	27	26	74	74
Net investment income	4,385	1,227	4,421	3,271
Proceeds from disposition of investments	13,417	(4,219)	31,956	74,836
Cost of investments sold	14,528	0	20,628	4,510
Realized (gain) loss on investments before income tax	1,111	4,219	(11,328)	(70,326)
Income tax expense	1,249	24,578	1,249	24,578
Net realized gain (loss) on investments	(2,360)	(28,797)	10,079	45,748
Net increase (decrease) in unrealized appreciation of investments	48,798	21,837	165	(20,545)
Net realized and unrealized gain (loss) on investments	46,438	(6,960)	10,244	25,203
Increase (decrease) in net assets from operations	$ 50,823	$ (5,733)	$ 14,665	$ 28,474