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Financial Instruments within the Fair Value Hierarchy (Table Text Block)
3 Months Ended
Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
 
As of June 30, 2014
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(Unaudited)
 
 
(In thousands)
Assets
 
 
 
 
 
 
 
 
Short-term investments
$
639,029
$
639,029
$
-
$
-
Fixed maturities - available for sale
 
1,173,590
 
958,980
 
213,612
 
998
Preferred stock
 
17,204
 
17,204
 
-
 
-
Common stock
 
22,518
 
22,518
 
-
 
-
Derivatives
 
2,712
 
2,712
 
-
 
-
Total
$
1,855,053
$
1,640,443
$
213,612
$
998
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Guaranteed residual values of TRAC leases
$
-
$
-
$
-
$
-
Derivatives
 
31,365
 
-
 
31,365
 
-
Total
$
31,365
$
-
$
31,365
$
-
 
As of March 31, 2014
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(In thousands)
Assets
 
 
 
 
 
 
 
 
Short-term investments
$
457,723
$
457,723
$
-
$
-
Fixed maturities - available for sale
 
1,099,467
 
898,209
 
200,154
 
1,104
Preferred stock
 
17,533
 
17,533
 
-
 
-
Common stock
 
21,275
 
21,275
 
-
 
-
Derivatives
 
3,868
 
3,868
 
-
 
-
Total
$
1,599,866
$
1,398,608
$
200,154
$
1,104
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Guaranteed residual values of TRAC leases
$
-
$
-
$
-
$
-
Derivatives
 
32,716
 
-
 
32,716
 
-
Total
$
32,716
$
-
$
32,716
$
-