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Consolidated Balance Sheet by Industry Segment (Table Text Block)
 9 Months Ended
Dec. 31, 2014
Table Text Block Supplement [Abstract]  
Consolidated Balance Sheet by Industry Segment
Consolidating balance sheets by industry segment as of December 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
 
 
(Unaudited)
 
 
(In thousands)
Assets:
 
 
Cash and cash equivalents
$
335,559
$
374,043
$
4,100
$
-
 
$
713,702
$
10,259
$
5,062
$
-
 
$
729,023
Reinsurance recoverables and trade receivables, net
 
-
 
38,112
 
177
 
-
 
 
38,289
 
125,234
 
34,117
 
-
 
 
197,640
Inventories, net
 
-
 
69,817
 
-
 
-
 
 
69,817
 
-
 
-
 
-
 
 
69,817
Prepaid expenses
 
42,815
 
50,056
 
1,205
 
-
 
 
94,076
 
-
 
-
 
-
 
 
94,076
Investments, fixed maturities and marketable equities
 
-
 
-
 
-
 
-
 
 
-
 
216,455
 
1,078,113
 
-
 
 
1,294,568
Investments, other
 
-
 
-
 
31,229
 
-
 
 
31,229
 
54,277
 
161,260
 
-
 
 
246,766
Deferred policy acquisition costs, net
 
-
 
-
 
-
 
-
 
 
-
 
-
 
116,191
 
-
 
 
116,191
Other assets
 
37,056
 
64,092
 
44,288
 
-
 
 
145,436
 
917
 
2,587
 
-
 
 
148,940
Related party assets
 
1,180,920
 
93,561
 
9
 
(1,124,079
 )(c)
 
150,411
 
14,084
 
543
 
(16,262
 )(c)
 
148,776
 
 
1,596,350
 
689,681
 
81,008
 
(1,124,079
 ) 
 
1,242,960
 
421,226
 
1,397,873
 
(16,262
 ) 
 
3,045,797
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in subsidiaries
 
833,496
 
-
 
-
 
(405,525
 )(b)
 
427,971
 
-
 
-
 
(427,971
 )(b)
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Property, plant and equipment, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Land
 
-
 
66,792
 
390,437
 
-
 
 
457,229
 
-
 
-
 
-
 
 
457,229
Buildings and improvements
 
-
 
281,461
 
1,359,959
 
-
 
 
1,641,420
 
-
 
-
 
-
 
 
1,641,420
Furniture and equipment
 
72
 
323,753
 
20,191
 
-
 
 
344,016
 
-
 
-
 
-
 
 
344,016
Rental trailers and other rental equipment
 
-
 
428,197
 
-
 
-
 
 
428,197
 
-
 
-
 
-
 
 
428,197
Rental trucks
 
-
 
2,881,051
 
-
 
-
 
 
2,881,051
 
-
 
-
 
-
 
 
2,881,051
 
 
72
 
3,981,254
 
1,770,587
 
-
 
 
5,751,913
 
-
 
-
 
-
 
 
5,751,913
Less:  Accumulated depreciation
 
(59
 ) 
(1,496,451
 ) 
(394,668
 ) 
-
 
 
(1,891,178
 ) 
-
 
-
 
-
 
 
(1,891,178
)
Total property, plant and equipment
 
13
 
2,484,803
 
1,375,919
 
-
 
 
3,860,735
 
-
 
-
 
-
 
 
3,860,735
Total assets
$
2,429,859
$
3,174,484
$
1,456,927
$
(1,529,604
 ) 
$
5,531,666
$
421,226
$
1,397,873
$
(444,233
 ) 
$
6,906,532
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(b) Eliminate investment in subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(c) Eliminate intercompany receivables and payables
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidating balance sheets by industry segment as of December 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
 
 
(Unaudited)
 
 
(In thousands)
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued expenses
$
326
$
338,920
$
5,890
$
-
 
$
345,136
$
-
$
8,428
$
-
 
$
353,564
Notes, loans and leases payable
 
-
 
1,305,089
 
1,059,424
 
-
 
 
2,364,513
 
-
 
-
 
-
 
 
2,364,513
Policy benefits and losses, claims and loss expenses payable
 
-
 
365,020
 
-
 
-
 
 
365,020
 
273,303
 
425,663
 
-
 
 
1,063,986
Liabilities from investment contracts
 
-
 
-
 
-
 
-
 
 
-
 
-
 
673,051
 
-
 
 
673,051
Other policyholders' funds and liabilities
 
-
 
-
 
-
 
-
 
 
-
 
4,879
 
5,590
 
-
 
 
10,469
Deferred income
 
-
 
14,594
 
11
 
-
 
 
14,605
 
-
 
-
 
-
 
 
14,605
Deferred income taxes
 
522,173
 
-
 
-
 
-
 
 
522,173
 
(22,657
 ) 
20,420
 
-
 
 
519,936
Related party liabilities
 
-
 
607,678
 
530,212
 
(1,124,079
 )(c)
 
13,811
 
2,058
 
393
 
(16,262
 )(c)
 
-
Total liabilities
 
522,499
 
2,631,301
 
1,595,537
 
(1,124,079
 ) 
 
3,625,258
 
257,583
 
1,133,545
 
(16,262
 ) 
 
5,000,124
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
449,366
 
121,230
 
147,941
 
(269,171
 )(b)
 
449,366
 
91,120
 
26,271
 
(117,601
 )(b)
 
449,156
Accumulated other comprehensive income (loss)
 
(27,357
 ) 
(62,067
 ) 
-
 
62,067
(b)
 
(27,357
 ) 
6,980
 
27,730
 
(34,710
 )(b)
 
(27,357
)
Retained earnings (deficit)
 
2,152,504
 
484,971
 
(286,552
 ) 
(198,419
 )(b)
 
2,152,504
 
62,242
 
207,827
 
(269,859
 )(b)
 
2,152,714
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
 
-
 
(952
 ) 
-
 
-
 
 
(952
 ) 
-
 
-
 
-
 
 
(952
)
Total stockholders' equity (deficit)
 
1,907,360
 
543,183
 
(138,610
 ) 
(405,525
 ) 
 
1,906,408
 
163,643
 
264,328
 
(427,971
 ) 
 
1,906,408
Total liabilities and stockholders' equity
$
2,429,859
$
3,174,484
$
1,456,927
$
(1,529,604
 ) 
$
5,531,666
$
421,226
$
1,397,873
$
(444,233
 ) 
$
6,906,532
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Balances as of September 30, 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