XML 21 R118.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidating financial information by industry segment (Balance Sheets) (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Mar. 31, 2017
ASSETS:            
Cash and cash equivalents $ 494,352   $ 673,701   $ 759,388 $ 697,806
Reinsurance recoverables and trade receivables, net 186,672   224,785      
Inventories, net 101,083   103,504      
Prepaid expenses 562,904   174,100      
Investments, fixed maturities and marketable equities 2,492,738   2,235,397      
Investments, other 360,373   300,736      
Deferred policy acquisition costs, net 103,118   136,276      
Other assets 71,956   78,354      
Right of use assets, financing, net 1,080,353   0      
Right of use assets, operating 106,631   0      
Related party assets 34,784   30,889      
Subtotal assets 5,594,964   3,957,742      
Investments in subsidiaries 0   0      
Property, plant and equipment, at cost:            
Land 1,032,945   976,454      
Buildings and improvements 4,663,461   4,003,726      
Furniture and equipment 752,363   689,780      
Property, plant and equipment (gross) 10,556,222   11,022,027      
Less: Accumulated depreciation (2,713,162)   (3,088,056)      
Total property, plant and equipment 7,843,060   7,933,971      
Total assets 13,438,024   11,891,713   10,747,422  
Liabilities:            
Accounts payable and accrued expenses 554,353   556,873      
Notes, loans and leases payable 4,621,291   4,163,323      
Operating lease liabilities 106,443   0      
Policy benefits and losses, claims and loss expenses payable 997,647   1,011,183      
Liabilities from investment contracts 1,802,217   1,666,742      
Other policyholders' funds and liabilities 10,190   15,047      
Deferred income 31,620   35,186      
Deferred income taxes 1,093,543   750,970      
Related party liabilities 0   0      
Total liabilities 9,217,304   8,199,324      
Stockholders' equity:            
Additional paid-in capital 453,819   453,326      
Accumulated other comprehensive loss 34,652   (66,698)      
Retained earnings 4,399,402   3,976,962      
Unearned employee stock ownership plan shares 0   (4,048)      
Total stockholders' equity 4,220,720   3,692,389      
Total liabilities and stockholders' equity 13,438,024   11,891,713      
Rental Trailers and Other Rental Equipment [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 511,520   590,039      
Rental Trucks [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 3,595,933   4,762,028      
Series A Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Series B Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Series A Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 0   0      
Amerco Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 10,497   10,497      
Common Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value (525,653)   (525,653)      
Preferred Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value (151,997)   (151,997)      
Operating Segments [Member] | Moving and Storage Consolidations [Member]            
ASSETS:            
Cash and cash equivalents 459,078   643,918   702,036 671,665
Reinsurance recoverables and trade receivables, net 60,073   90,832      
Inventories, net 101,083   103,504      
Prepaid expenses 562,904   174,100      
Investments, fixed maturities and marketable equities 0   0      
Investments, other 20,988   23,013      
Deferred policy acquisition costs, net 0   0      
Other assets 69,128   72,768      
Right of use assets, financing, net 1,080,353          
Right of use assets, operating 106,631          
Related party assets 41,027   35,997      
Subtotal assets 2,501,265   1,144,132      
Investments in subsidiaries 668,498   534,157      
Property, plant and equipment, at cost:            
Land 1,032,945   976,454      
Buildings and improvements 4,663,461   4,003,726      
Furniture and equipment 752,363   689,780      
Property, plant and equipment (gross) 10,556,222   11,022,027      
Less: Accumulated depreciation (2,713,162)   (3,088,056)      
Total property, plant and equipment 7,843,060   7,933,971      
Total assets 11,012,823   9,612,260      
Liabilities:            
Accounts payable and accrued expenses 545,685   548,099      
Notes, loans and leases payable 4,609,844   4,163,323      
Operating lease liabilities 106,443          
Policy benefits and losses, claims and loss expenses payable 410,107   407,934      
Liabilities from investment contracts 0   0      
Other policyholders' funds and liabilities 0   0      
Deferred income 31,620   35,186      
Deferred income taxes 1,063,681   741,644      
Related party liabilities 24,275   25,446      
Total liabilities 6,791,655   5,921,632      
Stockholders' equity:            
Additional paid-in capital 454,029   453,536      
Accumulated other comprehensive loss 35,100   (68,459)      
Retained earnings 4,399,192   3,976,752      
Unearned employee stock ownership plan shares 0   (4,048)      
Total stockholders' equity 4,221,168   3,690,628      
Total liabilities and stockholders' equity 11,012,823   9,612,260      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Rental Trailers and Other Rental Equipment [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 511,520   590,039      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Rental Trucks [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 3,595,933   4,762,028      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Series A Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Series B Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Series A Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 0   0      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Amerco Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 10,497   10,497      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Common Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value (525,653)   (525,653)      
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Preferred Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value (151,997)   (151,997)      
Operating Segments [Member] | Property and Casualty Insurance [Member]            
ASSETS:            
Cash and cash equivalents 4,794   5,757   6,639 12,725
Reinsurance recoverables and trade receivables, net 93,995   102,120      
Inventories, net 0   0      
Prepaid expenses 0   0      
Investments, fixed maturities and marketable equities 288,998   279,641      
Investments, other 90,145   74,679      
Deferred policy acquisition costs, net 0   0      
Other assets 680   2,456      
Right of use assets, financing, net 0          
Right of use assets, operating 0          
Related party assets 7,137   6,639      
Subtotal assets 485,749   471,292      
Investments in subsidiaries 0   0      
Property, plant and equipment, at cost:            
Land 0   0      
Buildings and improvements 0   0      
Furniture and equipment 0   0      
Property, plant and equipment (gross) 0   0      
Less: Accumulated depreciation 0   0      
Total property, plant and equipment 0   0      
Total assets 485,749   471,292      
Liabilities:            
Accounts payable and accrued expenses 5,530   2,844      
Notes, loans and leases payable 0   0      
Operating lease liabilities 0          
Policy benefits and losses, claims and loss expenses payable 210,341 $ 210,341 229,958 $ 229,958    
Liabilities from investment contracts 0   0      
Other policyholders' funds and liabilities 5,751   5,259      
Deferred income 0   0      
Deferred income taxes 8,447   6,961      
Related party liabilities 4,616   3,836      
Total liabilities 234,685   248,858      
Stockholders' equity:            
Additional paid-in capital 91,120   91,120      
Accumulated other comprehensive loss 12,581   (3,721)      
Retained earnings 144,062   131,734      
Unearned employee stock ownership plan shares 0   0      
Total stockholders' equity 251,064   222,434      
Total liabilities and stockholders' equity 485,749   471,292      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Rental Trailers and Other Rental Equipment [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Rental Trucks [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Series A Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Series B Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Series A Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Amerco Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 3,301   3,301      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Common Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value 0   0      
Operating Segments [Member] | Property and Casualty Insurance [Member] | Preferred Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value 0   0      
Operating Segments [Member] | Life Insurance [Member]            
ASSETS:            
Cash and cash equivalents 30,480   24,026   50,713 13,416
Reinsurance recoverables and trade receivables, net 32,604   31,833      
Inventories, net 0   0      
Prepaid expenses 0   0      
Investments, fixed maturities and marketable equities 2,203,740   1,955,756      
Investments, other 249,240   203,044      
Deferred policy acquisition costs, net 103,118   136,276      
Other assets 2,148   3,130      
Right of use assets, financing, net 0          
Right of use assets, operating 0          
Related party assets 18,629   16,466      
Subtotal assets 2,639,959   2,370,531      
Investments in subsidiaries 0   0      
Property, plant and equipment, at cost:            
Land 0   0      
Buildings and improvements 0   0      
Furniture and equipment 0   0      
Property, plant and equipment (gross) 0   0      
Less: Accumulated depreciation 0   0      
Total property, plant and equipment 0   0      
Total assets 2,639,959   2,370,531      
Liabilities:            
Accounts payable and accrued expenses 3,138   5,930      
Notes, loans and leases payable 11,447   0      
Operating lease liabilities 0          
Policy benefits and losses, claims and loss expenses payable 377,199   373,291      
Liabilities from investment contracts 1,802,217   1,666,742      
Other policyholders' funds and liabilities 4,439   9,788      
Deferred income 0   0      
Deferred income taxes 21,415   2,365      
Related party liabilities 2,670   692      
Total liabilities 2,222,525   2,058,808      
Stockholders' equity:            
Additional paid-in capital 26,271   26,271      
Accumulated other comprehensive loss 78,550   (5,300)      
Retained earnings 310,113   288,252      
Unearned employee stock ownership plan shares 0   0      
Total stockholders' equity 417,434   311,723      
Total liabilities and stockholders' equity 2,639,959   2,370,531      
Operating Segments [Member] | Life Insurance [Member] | Rental Trailers and Other Rental Equipment [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Operating Segments [Member] | Life Insurance [Member] | Rental Trucks [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Operating Segments [Member] | Life Insurance [Member] | Series A Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Life Insurance [Member] | Series B Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Operating Segments [Member] | Life Insurance [Member] | Series A Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 0   0      
Operating Segments [Member] | Life Insurance [Member] | Amerco Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 2,500   2,500      
Operating Segments [Member] | Life Insurance [Member] | Common Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value 0   0      
Operating Segments [Member] | Life Insurance [Member] | Preferred Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value 0   0      
Eliminations [Member]            
ASSETS:            
Cash and cash equivalents 0   0   $ 0 $ 0
Reinsurance recoverables and trade receivables, net 0   0      
Inventories, net 0   0      
Prepaid expenses 0   0      
Investments, fixed maturities and marketable equities 0   0      
Investments, other 0   0      
Deferred policy acquisition costs, net 0   0      
Other assets 0   0      
Right of use assets, financing, net 0          
Right of use assets, operating 0          
Related party assets (32,009)   (28,213)      
Subtotal assets (32,009)   (28,213)      
Investments in subsidiaries (668,498)   (534,157)      
Property, plant and equipment, at cost:            
Land 0   0      
Buildings and improvements 0   0      
Furniture and equipment 0   0      
Property, plant and equipment (gross) 0   0      
Less: Accumulated depreciation 0   0      
Total property, plant and equipment 0   0      
Total assets (700,507)   (562,370)      
Liabilities:            
Accounts payable and accrued expenses 0   0      
Notes, loans and leases payable 0   0      
Operating lease liabilities 0          
Policy benefits and losses, claims and loss expenses payable 0   0      
Liabilities from investment contracts 0   0      
Other policyholders' funds and liabilities 0   0      
Deferred income 0   0      
Deferred income taxes 0   0      
Related party liabilities (31,561)   (29,974)      
Total liabilities (31,561)   (29,974)      
Stockholders' equity:            
Additional paid-in capital (117,601)   (117,601)      
Accumulated other comprehensive loss (91,579)   10,782      
Retained earnings (453,965)   (419,776)      
Unearned employee stock ownership plan shares 0   0      
Total stockholders' equity (668,946)   (532,396)      
Total liabilities and stockholders' equity (700,507)   (562,370)      
Eliminations [Member] | Rental Trailers and Other Rental Equipment [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Eliminations [Member] | Rental Trucks [Member]            
Property, plant and equipment, at cost:            
Property subject to or available for operating lease, gross 0   0      
Eliminations [Member] | Series A Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Eliminations [Member] | Series B Preferred Stock [Member]            
Stockholders' equity:            
Preferred stock, value, issued 0   0      
Eliminations [Member] | Series A Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued 0   0      
Eliminations [Member] | Amerco Common Stock [Member]            
Stockholders' equity:            
Common stock, value, issued (5,801)   (5,801)      
Eliminations [Member] | Common Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value 0   0      
Eliminations [Member] | Preferred Stock in Treasury [Member]            
Stockholders' equity:            
Treasury stock, value $ 0   $ 0