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Fair Value Measurements (Table Text Block)
3 Months Ended 12 Months Ended
Jun. 30, 2015
Mar. 31, 2015
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 June 30, 2015

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(Unaudited)

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short-term investments

$

391,113

$

391,113

$

$

Fixed maturities - available for sale

 

1,290,830

 

1,007,559

 

282,315

 

956

Preferred stock

 

18,552

 

18,552

 

 

Common stock

 

24,817

 

24,817

 

 

Derivatives

 

4,351

 

4,351

 

 

Total

$

1,729,663

$

1,446,392

$

282,315

$

956

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Guaranteed residual values of TRAC leases

$

$

$

$

Derivatives

 

21,121

 

 

21,121

 

Total

$

21,121

$

$

21,121

$

 

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

$

 

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

 

 

Fixed Maturities - Asset Backed Securities

 

 

(Unaudited)

 

 

(In thousands)

Balance at March 31, 2015

$

1,004

 

 

 

Fixed Maturities - Asset Backed Securities - redeemed

 

(54)

Fixed Maturities - Asset Backed Securities - net gain (realized)

 

22

Fixed Maturities - Asset Backed Securities - net loss (unrealized)

 

(16)

Balance at June 30, 2015

$

956