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Fair Value Measurements (Table Text Block)
6 Months Ended 12 Months Ended
Sep. 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

As of September 30, 2015

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(Unaudited)

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short-term investments

$

825,071

$

825,071

$

$

Fixed maturities - available for sale

 

1,318,081

 

1,041,024

 

276,177

 

880

Preferred stock

 

18,098

 

18,098

 

 

Common stock

 

24,601

 

24,601

 

 

Derivatives

 

3,463

 

3,463

 

 

Total

$

2,189,314

$

1,912,257

$

276,177

$

880

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Guaranteed residual values of TRAC leases

$

$

$

$

Derivatives

 

19,958

 

 

19,958

 

Total

$

19,958

$

$

19,958

$

 

As of 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

 

(68)

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

 

27

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

 

(83)

Balance at September 30, 2015

$ 

880