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Consolidated Balance Sheet by Industry Segment (Table Text Block)
 9 Months Ended
Dec. 31, 2013
Table Text Block Supplement [Abstract]  
Consolidated Balance Sheet by Industry Segment
11. Financial Information by Consolidating Industry Segment:
Consolidating balance sheets by industry segment as of December 31, 2013 are as follows:
 
 
Moving & Storage
 
 
 
 
AMERCO Legal Group
 
 
 
 
 
AMERCO
 
U-Haul
 
Real Estate
 
Eliminations
 
 
Moivng & Storage Consolidated
 
Property & Casualty Insurance (a)
 
Life Insurance (a)
 
Eliminations
 
 
AMERCO Consolidated
 
 
(Unaudited)
 
 
(In thousands)
Assets:
 
 
Cash and cash equivalents
$
476,551
$
92,695
$
2,174
$
-
 
$
571,420
$
5,601
$
24,594
$
-
 
$
601,615
Reinsurance recoverables and trade receivables, net
 
-
 
29,847
 
177
 
-
 
 
30,024
 
162,714
 
35,686
 
-
 
 
228,424
Inventories, net
 
-
 
65,258
 
-
 
-
 
 
65,258
 
-
 
-
 
-
 
 
65,258
Prepaid expenses
 
-
 
43,618
 
726
 
-
 
 
44,344
 
-
 
-
 
-
 
 
44,344
Investments, fixed maturities and marketable equities
 
-
 
-
 
-
 
-
 
 
-
 
188,155
 
933,966
 
-
 
 
1,122,121
Investments, other
 
-
 
-
 
32,351
 
-
 
 
32,351
 
49,006
 
157,991
 
-
 
 
239,348
Deferred policy acquisition costs, net
 
-
 
-
 
-
 
-
 
 
-
 
-
 
114,467
 
-
 
 
114,467
Other assets
 
113
 
59,742
 
34,255
 
-
 
 
94,110
 
1,008
 
277
 
-
 
 
95,395
Related party assets
 
1,021,397
 
117,121
 
12
 
(964,556
 )(c)
 
173,974
 
13,594
 
492
 
(18,022
 )(c)
 
170,038
 
 
1,498,061
 
408,281
 
69,695
 
(964,556
 ) 
 
1,011,481
 
420,078
 
1,267,473
 
(18,022
 ) 
 
2,681,010
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
 
477,063
 
-
 
-
 
(104,285
 )(b)
 
372,778
 
-
 
-
 
(372,778
 )(b)
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
-
 
55,599
 
337,126
 
-
 
 
392,725
 
-
 
-
 
-
 
 
392,725
Buildings and improvements
 
-
 
200,961
 
1,181,221
 
-
 
 
1,382,182
 
-
 
-
 
-
 
 
1,382,182
Furniture and equipment
 
70
 
308,713
 
11,804
 
-
 
 
320,587
 
-
 
-
 
-
 
 
320,587
Rental trailers and other rental equipment
 
-
 
356,416
 
-
 
-
 
 
356,416
 
-
 
-
 
-
 
 
356,416
Rental trucks
 
-
 
2,426,453
 
-
 
-
 
 
2,426,453
 
-
 
-
 
-
 
 
2,426,453
 
 
70
 
3,348,142
 
1,530,151
 
-
 
 
4,878,363
 
-
 
-
 
-
 
 
4,878,363
Less:  Accumulated depreciation
 
(55
 ) 
(1,305,591
 ) 
(379,618
 ) 
-
 
 
(1,685,264
 ) 
-
 
-
 
-
 
 
(1,685,264
)
Total property, plant and equipment
 
15
 
2,042,551
 
1,150,533
 
-
 
 
3,193,099
 
-
 
-
 
-
 
 
3,193,099
Total assets
$
1,975,139
$
2,450,832
$
1,220,228
$
(1,068,841
 ) 
$
4,577,358
$
420,078
$
1,267,473
$
(390,800
 ) 
$
5,874,109
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of December 31, 2013 are as follows:
 
 
Moving & Storage
 
 
 
 
AMERCO Legal Group
 
 
 
 
 
AMERCO
 
U-Haul
 
Real Estate
 
Eliminations
 
 
Moving & Storage
Consolidated
 
Property & Casualty Insurance (a)
 
Life
Insurance (a)
 
Eliminations
 
 
AMERCO
Consolidated
 
 
(Unaudited)
 
 
(In thousands)
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued expenses
$
21,567
$
312,826
$
4,671
$
-
 
$
339,064
$
-
$
12,732
$
-
 
$
351,796
Notes, loans and leases payable
 
-
 
965,308
 
897,561
 
-
 
 
1,862,869
 
-
 
-
 
-
 
 
1,862,869
Policy benefits and losses, claims and loss expenses payable
 
-
 
380,940
 
-
 
-
 
 
380,940
 
300,351
 
414,319
 
-
 
 
1,095,610
Liabilities from investment contracts
 
-
 
-
 
-
 
-
 
 
-
 
-
 
596,268
 
-
 
 
596,268
Other policyholders' funds and liabilities
 
-
 
-
 
-
 
-
 
 
-
 
3,118
 
4,153
 
-
 
 
7,271
Deferred income
 
-
 
29,489
 
-
 
-
 
 
29,489
 
-
 
-
 
-
 
 
29,489
Deferred income taxes
 
457,834
 
-
 
-
 
-
 
 
457,834
 
(32,753
 ) 
11,303
 
-
 
 
436,384
Related party liabilities
 
-
 
522,754
 
454,542
 
(964,556
 )(c)
 
12,740
 
4,740
 
542
 
(18,022
 )(c)
 
-
Total liabilities
 
479,401
 
2,211,317
 
1,356,774
 
(964,556
 ) 
 
3,082,936
 
275,456
 
1,039,317
 
(18,022
 ) 
 
4,379,687
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stockholders' equity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series preferred stock:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series A preferred stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Series B preferred stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Series A common stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Common stock
 
10,497
 
1
 
1
 
(2
 )(b)
 
10,497
 
3,301
 
2,500
 
(5,801
 )(b)
 
10,497
Additional paid-in capital
 
443,051
 
121,230
 
147,941
 
(269,171
 )(b)
 
443,051
 
91,120
 
26,271
 
(117,601
 )(b)
 
442,841
Accumulated other comprehensive income (loss)
 
(46,192
 ) 
(57,600
 ) 
-
 
57,600
(b)
 
(46,192
 ) 
1,542
 
9,866
 
(11,408
 )(b)
 
(46,192
)
Retained earnings (deficit)
 
1,766,032
 
177,200
 
(284,488
 ) 
107,288
(b)
 
1,766,032
 
48,659
 
189,519
 
(237,968
 )(b)
 
1,766,242
Cost of common shares in treasury, net
 
(525,653
 ) 
-
 
-
 
-
 
 
(525,653
 ) 
-
 
-
 
-
 
 
(525,653
)
Cost of preferred shares in treasury, net
 
(151,997
 ) 
-
 
-
 
-
 
 
(151,997
 ) 
-
 
-
 
-
 
 
(151,997
)
Unearned employee stock ownership plan shares
 
-
 
(1,316
 ) 
-
 
-
 
 
(1,316
 ) 
-
 
-
 
-
 
 
(1,316
)
Total stockholders' equity (deficit)
 
1,495,738
 
239,515
 
(136,546
 ) 
(104,285
 ) 
 
1,494,422
 
144,622
 
228,156
 
(372,778
 ) 
 
1,494,422
Total liabilities and stockholders' equity
$
1,975,139
$
2,450,832
$
1,220,228
$
(1,068,841
 ) 
$
4,577,358
$
420,078
$
1,267,473
$
(390,800
 ) 
$
5,874,109
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of March 31, 2013 are as follows:
 
 
Moving & Storage
 
 
 
 
AMERCO Legal Group
 
 
 
 
 
AMERCO
 
U-Haul
 
Real Estate
 
Eliminations
 
 
Moving & Storage
Consolidated
 
Property & Casualty Insurance (a)
 
Life
Insurance (a)
 
Eliminations
 
 
AMERCO
Consolidated
 
 
 
 
 
(In thousands)
Assets:
 
 
Cash and cash equivalents
$
327,119
$
98,926
$
1,515
$
-
 
$
427,560
$
14,120
$
22,064
$
-
 
$
463,744
Reinsurance recoverables and trade receivables, net
 
-
 
43,259
 
-
 
-
 
 
43,259
 
186,010
 
32,520
 
-
 
 
261,789
Inventories, net
 
-
 
56,396
 
-
 
-
 
 
56,396
 
-
 
-
 
-
 
 
56,396
Prepaid expenses
 
22,475
 
34,956
 
20
 
-
 
 
57,451
 
-
 
-
 
-
 
 
57,451
Investments, fixed maturities and marketable equities
 
21,228
 
-
 
-
 
-
 
 
21,228
 
160,455
 
913,655
 
-
 
 
1,095,338
Investments, other
 
-
 
100
 
50,553
 
-
 
 
50,653
 
65,212
 
125,900
 
-
 
 
241,765
Deferred policy acquisition costs, net
 
-
 
-
 
-
 
-
 
 
-
 
-
 
93,043
 
-
 
 
93,043
Other assets
 
118
 
69,671
 
28,828
 
-
 
 
98,617
 
1,212
 
157
 
-
 
 
99,986
Related party assets
 
1,032,663
 
127,751
 
9
 
(975,683
 )(c)
 
184,740
 
8,846
 
514
 
(12,065
 )(c)
 
182,035
 
 
1,403,603
 
431,059
 
80,925
 
(975,683
 ) 
 
939,904
 
435,855
 
1,187,853
 
(12,065
 ) 
 
2,551,547
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
 
239,541
 
-
 
-
 
140,100
(b)
 
379,641
 
-
 
-
 
(379,641
 )(b)
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
-
 
81,421
 
251,807
 
-
 
 
333,228
 
-
 
-
 
-
 
 
333,228
Buildings and improvements
 
-
 
184,053
 
1,013,822
 
-
 
 
1,197,875
 
-
 
-
 
-
 
 
1,197,875
Furniture and equipment
 
136
 
292,621
 
18,385
 
-
 
 
311,142
 
-
 
-
 
-
 
 
311,142
Rental trailers and other rental equipment
 
-
 
317,476
 
-
 
-
 
 
317,476
 
-
 
-
 
-
 
 
317,476
Rental trucks
 
-
 
2,154,688
 
-
 
-
 
 
2,154,688
 
-
 
-
 
-
 
 
2,154,688
 
 
136
 
3,030,259
 
1,284,014
 
-
 
 
4,314,409
 
-
 
-
 
-
 
 
4,314,409
Less:  Accumulated depreciation
 
(116
 ) 
(1,185,796
 ) 
(373,443
 ) 
-
 
 
(1,559,355
 ) 
-
 
-
 
-
 
 
(1,559,355
)
Total property, plant and equipment
 
20
 
1,844,463
 
910,571
 
-
 
 
2,755,054
 
-
 
-
 
-
 
 
2,755,054
Total assets
$
1,643,164
$
2,275,522
$
991,496
$
(835,583
 ) 
$
4,074,599
$
435,855
$
1,187,853
$
(391,706
 ) 
$
5,306,601
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of March 31, 2013 are as follows:
 
 
Moving & Storage
 
 
 
 
AMERCO Legal Group
 
 
 
 
 
AMERCO
 
U-Haul
 
Real Estate
 
Eliminations
 
 
Moving & Storage
Consolidated
 
Property & Casualty Insurance (a)
 
Life
Insurance (a)
 
Eliminations
 
 
AMERCO
Consolidated
 
 
 
 
 
(In thousands)
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued expenses
$
110
$
345,864
$
4,378
$
-
 
$
350,352
$
-
$
8,139
$
-
 
$
358,491
Notes, loans and leases payable
 
-
 
881,766
 
780,079
 
-
 
 
1,661,845
 
-
 
-
 
-
 
 
1,661,845
Policy benefits and losses, claims and loss expenses payable
 
-
 
380,824
 
-
 
-
 
 
380,824
 
330,184
 
404,040
 
-
 
 
1,115,048
Liabilities from investment contracts
 
-
 
-
 
-
 
-
 
 
-
 
-
 
510,789
 
-
 
 
510,789
Other policyholders' funds and liabilities
 
-
 
-
 
-
 
-
 
 
-
 
3,157
 
4,137
 
-
 
 
7,294
Deferred income
 
-
 
30,217
 
-
 
-
 
 
30,217
 
-
 
-
 
-
 
 
30,217
Deferred income taxes
 
412,089
 
-
 
-
 
-
 
 
412,089
 
(36,241
 ) 
17,810
 
-
 
 
393,658
Related party liabilities
 
-
 
638,448
 
347,248
 
(975,683
 )(c)
 
10,013
 
1,844
 
208
 
(12,065
 )(c)
 
-
Total liabilities
 
412,199
 
2,277,119
 
1,131,705
 
(975,683
 ) 
 
2,845,340
 
298,944
 
945,123
 
(12,065
 ) 
 
4,077,342
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stockholders' equity:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series preferred stock:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Series A preferred stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Series B preferred stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Series A common stock
 
-
 
-
 
-
 
-
 
 
-
 
-
 
-
 
-
 
 
-
Common stock
 
10,497
 
1
 
1
 
(2
 )(b)
 
10,497
 
3,301
 
2,500
 
(5,801
 )(b)
 
10,497
Additional paid-in capital
 
438,378
 
121,230
 
147,941
 
(269,171
 )(b)
 
438,378
 
91,120
 
26,271
 
(117,601
 )(b)
 
438,168
Accumulated other comprehensive income (loss)
 
(22,680
 ) 
(62,325
 ) 
-
 
62,325
(b)
 
(22,680
 ) 
4,568
 
37,567
 
(42,135
 )(b)
 
(22,680
)
Retained earnings (deficit)
 
1,482,420
 
(58,797
 ) 
(288,151
 ) 
346,948
(b)
 
1,482,420
 
37,922
 
176,392
 
(214,104
 )(b)
 
1,482,630
Cost of common shares in treasury, net
 
(525,653
 ) 
-
 
-
 
-
 
 
(525,653
 ) 
-
 
-
 
-
 
 
(525,653
)
Cost of preferred shares in treasury, net
 
(151,997
 ) 
-
 
-
 
-
 
 
(151,997
 ) 
-
 
-
 
-
 
 
(151,997
)
Unearned employee stock ownership plan shares
 
-
 
(1,706
 ) 
-
 
-
 
 
(1,706
 ) 
-
 
-
 
-
 
 
(1,706
)
Total stockholders' equity (deficit)
 
1,230,965
 
(1,597
 ) 
(140,209
 ) 
140,100
 
 
1,229,259
 
136,911
 
242,730
 
(379,641
 ) 
 
1,229,259
Total liabilities and stockholders' equity
$
1,643,164
$
2,275,522
$
991,496
$
(835,583
 ) 
$
4,074,599
$
435,855
$
1,187,853
$
(391,706
 ) 
$
5,306,601
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables