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Financial Instruments within the Fair Value Hierarchy (Table Text Block)
12 Months Ended
Mar. 31, 2015
Mar. 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

Year Ended March 31, 2015

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short-term investments

$

460,762

$

460,762

$

$

Fixed maturities - available for sale

 

1,262,012

 

967,986

 

293,022

 

1,004

Preferred stock

 

18,296

 

18,296

 

 

Common stock

 

24,654

 

24,654

 

 

Derivatives

 

4,876

 

4,876

 

 

Total

$

1,770,600

$

1,476,574

$

293,022

$

1,004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Guaranteed residual values of TRAC leases

$

$

$

$

Derivatives

 

24,484

 

 

24,484

 

Total

$

24,484

$

$

24,484

$

 

Year Ended 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

$