Financial Instruments within the Fair Value Hierarchy (Table Text Block)

9 Months Ended

Dec. 31, 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 December 31, 2014		Total		Level 1		Level 2		Level 3
		(Unaudited)
		(In thousands)
Assets
Short-term investments	$	503,625	$	503,625	$	-	$	-
Fixed maturities - available for sale		1,255,104		989,922		264,144		1,038
Preferred stock		16,525		16,525		-		-
Common stock		22,939		22,939		-		-
Derivatives		3,555		3,555		-		-
Total	$	1,801,748	$	1,536,566	$	264,144	$	1,038
Liabilities
Guaranteed residual values of TRAC leases	$	-	$	-	$	-	$	-
Derivatives		25,271		-		25,271		-
Total	$	25,271	$	-	$	25,271	$	-

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	$	-