Deferred Tax Assets and Liabilities (Table Text Block)

12 Months Ended

Mar. 31, 2014

Table Text Block [Abstract]

Components of Deferred Tax Assets and Liabilities

Significant components of our deferred tax assets and liabilities were as follows:

		March 31,
		2014		2013
		(In thousands)
Deferred tax assets:
Net operating loss and credit carry forwards	$	2,040	$	2,007
Accrued expenses		150,935		153,807
Policy benefit and losses, claims and loss expenses payable, net		22,479		24,137
Unrealized losses		1,857		-
Other		-		454
Total deferred tax assets	$	177,311	$	180,405
Deferred tax liabilities:
Property, plant and equipment	$	593,654	$	552,548
Deferred policy acquisition costs		16,250		12,270
Unrealized gains		-		9,245
Other		3		-
Total deferred tax liabilities		609,907		574,063
Net deferred tax liability	$	432,596	$	393,658