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Consolidated Balance Sheet by Industry Segment (Table Text Block)
 3 Months Ended
Jun. 30, 2014
Table Text Block Supplement [Abstract]  
Consolidated Balance Sheet by Industry Segment
Consolidating balance sheets by industry segment as of June 30, 2014 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)
Assets:
 
 
Cash and cash equivalents
$
396,548
$
270,875
$
3,282
$
-
 
$
670,705
$
12,529
$
9,351
$
-
 
$
692,585
Reinsurance recoverables and trade receivables, net
 
-
 
42,326
 
177
 
-
 
 
42,503
 
128,447
 
29,065
 
-
 
 
200,015
Inventories, net
 
-
 
69,341
 
-
 
-
 
 
69,341
 
-
 
-
 
-
 
 
69,341
Prepaid expenses
 
-
 
49,210
 
699
 
-
 
 
49,909
 
-
 
-
 
-
 
 
49,909
Investments, fixed maturities and marketable equities
 
-
 
-
 
-
 
-
 
 
-
 
205,328
 
1,007,984
 
-
 
 
1,213,312
Investments, other
 
-
 
-
 
28,415
 
-
 
 
28,415
 
48,771
 
167,371
 
-
 
 
244,557
Deferred policy acquisition costs, net
 
-
 
-
 
-
 
-
 
 
-
 
-
 
117,109
 
-
 
 
117,109
Other assets
 
161
 
59,228
 
44,389
 
-
 
 
103,778
 
1,268
 
1,788
 
-
 
 
106,834
Related party assets
 
1,156,564
 
106,333
 
9
 
(1,099,735
 )(c)
 
163,171
 
14,019
 
522
 
(17,991
 )(c)
 
159,721
 
 
1,553,273
 
597,313
 
76,971
 
(1,099,735
 ) 
 
1,127,822
 
410,362
 
1,333,190
 
(17,991
 ) 
 
2,853,383
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
 
625,792
 
-
 
-
 
(229,412
 )(b)
 
396,380
 
-
 
-
 
(396,380
 )(b)
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
-
 
58,014
 
367,939
 
-
 
 
425,953
 
-
 
-
 
-
 
 
425,953
Buildings and improvements
 
-
 
224,676
 
1,274,055
 
-
 
 
1,498,731
 
-
 
-
 
-
 
 
1,498,731
Furniture and equipment
 
72
 
313,217
 
10,617
 
-
 
 
323,906
 
-
 
-
 
-
 
 
323,906
Rental trailers and other rental equipment
 
-
 
391,823
 
-
 
-
 
 
391,823
 
-
 
-
 
-
 
 
391,823
Rental trucks
 
-
 
2,817,303
 
-
 
-
 
 
2,817,303
 
-
 
-
 
-
 
 
2,817,303
 
 
72
 
3,805,033
 
1,652,611
 
-
 
 
5,457,716
 
-
 
-
 
-
 
 
5,457,716
Less:  Accumulated depreciation
 
(57
 ) 
(1,396,751
 ) 
(385,609
 ) 
-
 
 
(1,782,417
 ) 
-
 
-
 
-
 
 
(1,782,417
)
Total property, plant and equipment
 
15
 
2,408,282
 
1,267,002
 
-
 
 
3,675,299
 
-
 
-
 
-
 
 
3,675,299
Total assets
$
2,179,080
$
3,005,595
$
1,343,973
$
(1,329,147
 ) 
$
5,199,501
$
410,362
$
1,333,190
$
(414,371
 ) 
$
6,528,682
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of June 30, 2014 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
$
36,988
$
404,907
$
5,048
$
-
 
$
446,943
$
-
$
4,029
$
-
 
$
450,972
Notes, loans and leases payable
 
-
 
1,185,524
 
999,841
 
-
 
 
2,185,365
 
-
 
-
 
-
 
 
2,185,365
Policy benefits and losses, claims and loss expenses payable
 
-
 
372,049
 
-
 
-
 
 
372,049
 
280,373
 
421,066
 
-
 
 
1,073,488
Liabilities from investment contracts
 
-
 
-
 
-
 
-
 
 
-
 
-
 
643,066
 
-
 
 
643,066
Other policyholders' funds and liabilities
 
-
 
-
 
-
 
-
 
 
-
 
4,313
 
5,502
 
-
 
 
9,815
Deferred income
 
-
 
39,121
 
-
 
-
 
 
39,121
 
-
 
-
 
-
 
 
39,121
Deferred income taxes
 
466,503
 
-
 
-
 
-
 
 
466,503
 
(28,868
 ) 
14,763
 
-
 
 
452,398
Related party liabilities
 
-
 
640,777
 
474,021
 
(1,099,735
 )(c)
 
15,063
 
2,438
 
490
 
(17,991
 )(c)
 
-
Total liabilities
 
503,491
 
2,642,378
 
1,478,910
 
(1,099,735
 ) 
 
3,525,044
 
258,256
 
1,088,916
 
(17,991
 ) 
 
4,854,225
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
446,073
 
121,230
 
147,941
 
(269,171
 )(b)
 
446,073
 
91,120
 
26,271
 
(117,601
 )(b)
 
445,863
Accumulated other comprehensive income (loss)
 
(33,048
 ) 
(56,338
 ) 
-
 
56,338
(b)
 
(33,048
 ) 
4,487
 
18,801
 
(23,288
 )(b)
 
(33,048
)
Retained earnings (deficit)
 
1,929,717
 
299,456
 
(282,879
 ) 
(16,577
 )(b)
 
1,929,717
 
53,198
 
196,702
 
(249,690
 )(b)
 
1,929,927
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
 
-
 
(1,132
 ) 
-
 
-
 
 
(1,132
 ) 
-
 
-
 
-
 
 
(1,132
)
Total stockholders' equity (deficit)
 
1,675,589
 
363,217
 
(134,937
 ) 
(229,412
 ) 
 
1,674,457
 
152,106
 
244,274
 
(396,380
 ) 
 
1,674,457
Total liabilities and stockholders' equity
$
2,179,080
$
3,005,595
$
1,343,973
$
(1,329,147
 ) 
$
5,199,501
$
410,362
$
1,333,190
$
(414,371
 ) 
$
6,528,682
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of March 31, 2014 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
$
321,544
$
140,844
$
2,322
$
-
 
$
464,710
$
12,758
$
17,644
$
-
 
$
495,112
Reinsurance recoverables and trade receivables, net
 
-
 
28,784
 
177
 
-
 
 
28,961
 
142,335
 
28,026
 
-
 
 
199,322
Inventories, net
 
-
 
67,020
 
-
 
-
 
 
67,020
 
-
 
-
 
-
 
 
67,020
Prepaid expenses
 
18,537
 
36,236
 
496
 
-
 
 
55,269
 
-
 
-
 
-
 
 
55,269
Investments, fixed maturities and marketable equities
 
-
 
-
 
-
 
-
 
 
-
 
192,173
 
946,102
 
-
 
 
1,138,275
Investments, other
 
-
 
1,653
 
31,197
 
-
 
 
32,850
 
54,674
 
161,326
 
-
 
 
248,850
Deferred policy acquisition costs, net
 
-
 
-
 
-
 
-
 
 
-
 
-
 
118,707
 
-
 
 
118,707
Other assets
 
159
 
59,746
 
33,952
 
-
 
 
93,857
 
1,991
 
1,740
 
-
 
 
97,588
Related party assets
 
1,150,671
 
115,657
 
9
 
(1,093,830
 )(c)
 
172,507
 
13,011
 
515
 
(16,409
 )(c)
 
169,624
 
 
1,490,911
 
449,940
 
68,153
 
(1,093,830
 ) 
 
915,174
 
416,942
 
1,274,060
 
(16,409
 ) 
 
2,589,767
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
 
493,612
 
-
 
-
 
(120,122
 )(b)
 
373,490
 
-
 
-
 
(373,490
 )(b)
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
-
 
56,242
 
348,935
 
-
 
 
405,177
 
-
 
-
 
-
 
 
405,177
Buildings and improvements
 
-
 
205,762
 
1,224,568
 
-
 
 
1,430,330
 
-
 
-
 
-
 
 
1,430,330
Furniture and equipment
 
72
 
311,053
 
10,963
 
-
 
 
322,088
 
-
 
-
 
-
 
 
322,088
Rental trailers and other rental equipment
 
-
 
373,325
 
-
 
-
 
 
373,325
 
-
 
-
 
-
 
 
373,325
Rental trucks
 
-
 
2,610,797
 
-
 
-
 
 
2,610,797
 
-
 
-
 
-
 
 
2,610,797
 
 
72
 
3,557,179
 
1,584,466
 
-
 
 
5,141,717
 
-
 
-
 
-
 
 
5,141,717
Less:  Accumulated depreciation
 
(56
 ) 
(1,349,920
 ) 
(382,530
 ) 
-
 
 
(1,732,506
 ) 
-
 
-
 
-
 
 
(1,732,506
)
Total property, plant and equipment
 
16
 
2,207,259
 
1,201,936
 
-
 
 
3,409,211
 
-
 
-
 
-
 
 
3,409,211
Total assets
$
1,984,539
$
2,657,199
$
1,270,089
$
(1,213,952
 ) 
$
4,697,875
$
416,942
$
1,274,060
$
(389,899
 ) 
$
5,998,978
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of March 31, 2014 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
$
657
$
351,050
$
4,504
$
-
 
$
356,211
$
-
$
1,743
$
-
 
$
357,954
Notes, loans and leases payable
 
-
 
1,060,240
 
882,119
 
-
 
 
1,942,359
 
-
 
-
 
-
 
 
1,942,359
Policy benefits and losses, claims and loss expenses payable
 
-
 
370,668
 
-
 
-
 
 
370,668
 
295,216
 
416,714
 
-
 
 
1,082,598
Liabilities from investment contracts
 
-
 
-
 
-
 
-
 
 
-
 
-
 
616,725
 
-
 
 
616,725
Other policyholders' funds and liabilities
 
-
 
-
 
-
 
-
 
 
-
 
3,732
 
4,256
 
-
 
 
7,988
Deferred income
 
-
 
31,390
 
-
 
-
 
 
31,390
 
-
 
-
 
-
 
 
31,390
Deferred income taxes
 
455,295
 
-
 
-
 
-
 
 
455,295
 
(30,440
 ) 
7,741
 
-
 
 
432,596
Related party liabilities
 
-
 
588,919
 
519,495
 
(1,093,830
 )(c)
 
14,584
 
1,647
 
178
 
(16,409
 )(c)
 
-
Total liabilities
 
455,952
 
2,402,267
 
1,406,118
 
(1,093,830
 ) 
 
3,170,507
 
270,155
 
1,047,357
 
(16,409
 ) 
 
4,471,610
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
444,420
 
121,230
 
147,941
 
(269,171
 )(b)
 
444,420
 
91,120
 
26,271
 
(117,601
 )(b)
 
444,210
Accumulated other comprehensive income (loss)
 
(53,923
 ) 
(59,914
 ) 
-
 
59,914
(b)
 
(53,923
 ) 
1,782
 
4,210
 
(5,992
 )(b)
 
(53,923
)
Retained earnings (deficit)
 
1,805,243
 
194,834
 
(283,971
 ) 
89,137
(b)
 
1,805,243
 
50,584
 
193,722
 
(244,096
 )(b)
 
1,805,453
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
 
-
 
(1,219
 ) 
-
 
-
 
 
(1,219
 ) 
-
 
-
 
-
 
 
(1,219
)
Total stockholders' equity (deficit)
 
1,528,587
 
254,932
 
(136,029
 ) 
(120,122
 ) 
 
1,527,368
 
146,787
 
226,703
 
(373,490
 ) 
 
1,527,368
Total liabilities and stockholders' equity
$
1,984,539
$
2,657,199
$
1,270,089
$
(1,213,952
 ) 
$
4,697,875
$
416,942
$
1,274,060
$
(389,899
 ) 
$
5,998,978
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables