Fair Value Measurements (Table Text Block)

9 Months Ended

Dec. 31, 2024

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 December 31, 2024	Total		Level 1		Level 2		Level 3
	(Unaudited)
Assets	(In thousands)
Fixed maturities - available for sale	$	2,617,126	$	—	$	2,617,126	$	—
Preferred stock		22,871		22,871		—		—
Common stock		44,796		44,796		—		—
Derivatives		14,631		8,333		6,298		—
Total	$	2,699,424	$	76,000	$	2,623,424	$	—
Liabilities
Derivatives	$	713	$	—	$	713	$	—
Embedded derivatives		8,912		—		—		8,912
Liabilities from investment contracts		2,495,885		—		—		2,495,885
Market risk benefits		13,428		—		—		13,428
Total	$	2,518,938	$	—	$	713	$	2,518,225

As of March 31, 2024	Total		Level 1		Level 2		Level 3
	(Unaudited)
Assets	(In thousands)
Fixed maturities - available for sale	$	2,442,504	$	—	$	2,442,446	$	58
Preferred stock		21,260		21,260		—		—
Common stock		45,014		45,014		—		—
Derivatives		18,930		10,538		8,392		—
Total	$	2,527,708	$	76,812	$	2,450,838	$	58
Liabilities
Embedded derivatives	$	9,300	$	—	$	—	$	9,300
Liabilities from investment contracts		2,290,096		—		—		2,290,096
Market risk benefits		13,400		—		—		13,400
Total	$	2,312,796	$	—	$	—	$	2,312,796

Financial Instruments, Carrying and Estimated fair values

	Fair Value Hierarchy
	Carrying								Total
As of December 31, 2024	Value		Level 1		Level 2		Level 3		Fair Value
	(Unaudited)
Assets	(In thousands)
Trade receivables, net	$	144,547	$	—	$	—	$	144,547	$	144,547
Mortgage loans, net		604,615		—		—		577,381		577,381
Other investments		12,682		—		—		12,682		12,682
Total	$	761,844	$	—	$	—	$	734,610	$	734,610
Liabilities
Notes, loans and finance leases payable	$	6,929,591	$	—	$	6,444,590	$	—	$	6,444,590
Total	$	6,929,591	$	—	$	6,444,590	$	—	$	6,444,590

	Fair Value Hierarchy
	Carrying								Total
As of March 31, 2024	Value		Level 1		Level 2		Level 3		Fair Value
	(Unaudited)
Assets	(In thousands)
Trade receivables, net	$	177,602	$	—	$	—	$	177,602	$	177,602
Mortgage loans, net		604,481		—		—		579,767		579,767
Other investments		18,917		—		—		18,917		18,917
Total	$	801,000	$	—	$	—	$	776,286	$	776,286
Liabilities
Notes, loans and finance leases payable	$	6,304,038	$	—	$	5,850,346		—	$	5,850,346
Total	$	6,304,038	$	—	$	5,850,346	$	—	$	5,850,346