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CONSOLIDATED STATEMENTS OF CASH FLOWS (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
Cash flows from operating activities        
Increase (decrease) in net assets from operations $ 50,823 $ (5,733) $ 14,665 $ 28,474
Adjustments to reconcile increase (decrease) in net assets from operations to net cash provided by (used in) operating activities:        
Net proceeds from disposition of investments 13,417 (4,219) 31,956 71,133
Proceeds from repayment of loan securities or investments 0 4,273 2,111 4,407
Purchases of securities (1,577) (2,832) (13,077) (6,865)
Depreciation and amortization 6 7 16 18
Net pension benefit (75) (73) (225) (218)
Realized (gain) loss on investments before income tax 1,111 4,219 (11,328) (70,326)
Taxes payable on behalf of shareholders on deemed distribution 1,249 24,578 1,249 24,578
Net (increase) decrease in unrealized appreciation of investments (48,798) (21,837) (165) 20,545
Stock option expense 253 245 757 712
Increase in dividend and interest receivable (5,031) (1,434) (5,468) (684)
Decrease (increase) in receivables from affiliates (5) (18) 50 558
Decrease in other assets 0 6 4 12
Increase (decrease) in other liabilities (5) 85 (5) (718)
Increase in deferred income taxes 27 26 81 76
Net cash provided by (used in) operating activities 11,395 (2,707) 20,621 71,702
Cash flows from financing activities        
Distributions from undistributed net investment income (1,502) (1,497) (3,003) (2,993)
Proceeds from exercise of employee stock options 0 694 98 745
Net cash used in financing activities (1,502) (803) (2,905) (2,248)
Net increase (decrease) in cash and cash equivalents 9,893 (3,510) 17,716 69,454
Cash and cash equivalents at beginning of period 53,323 77,058 45,498 4,094
Cash and cash equivalents at end of period 63,216 73,548 63,216 73,548
Supplemental disclosure of cash flow information:        
Income taxes 0 0 0 0
This transaction had the following non-cash effect on the Company's Consolidated Statements of Assets and Liabilities:        
Total Investments $ 0 $ 0 $ 1,000 $ 3,704