Fair Value Measurements (Table Text Block)

3 Months Ended

Jun. 30, 2017

Mar. 31, 2017

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 June 30, 2017		Total		Level 1		Level 2		Level 3
		(Unaudited)
		(In thousands)
Assets
Short-term investments	$	546,743	$	546,542	$	201	$	–
Fixed maturities - available for sale		1,724,331		6,506		1,717,496		329
Preferred stock		14,090		14,090		–		–
Common stock		24,610		24,610		–		–
Derivatives		4,288		4,288		–		–
Total	$	2,314,062	$	596,036	$	1,717,697	$	329
Liabilities
Guaranteed residual values of TRAC leases	$	–	$	–	$	–	$	–
Derivatives		3,353		–		3,353		–
Total	$	3,353	$	–	$	3,353	$	–

As of March 31, 2017		Total		Level 1		Level 2		Level 3
		(In thousands)
Assets
Short-term investments	$	521,911	$	521,710	$	201	$	–
Fixed maturities - available for sale		1,625,845		6,491		1,619,024		330
Preferred stock		13,489		13,489		–		–
Common stock		24,434		24,434		–		–
Derivatives		4,260		4,260		–		–
Total	$	2,189,939	$	570,384	$	1,619,225	$	330
Liabilities
Guaranteed residual values of TRAC leases	$	–	$	–	$	–	$	–
Derivatives		4,903		–		4,903		–
Total	$	4,903	$	–	$	4,903	$	–

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

		Fixed Maturities - Asset Backed Securities
		(Unaudited)
		(In thousands)
Balance at March 31, 2017	$	330
Fixed Maturities - Asset Backed Securities - redeemed		(2)
Fixed Maturities - Asset Backed Securities - net loss (unrealized)		1
Balance at June 30, 2017	$	329