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Investments (Tables)
3 Months Ended
Mar. 31, 2012
Schedule of Investments [Line Items]  
Amortized Cost, Gross Unrealized Gains And Losses And Estimated Fair Value Of Available For Sale Investments Classified As Current Assets
         
Gross
   
Gross
   
Estimated
 
   
Amortized
   
Unrealized
   
Unrealized
   
Fair
 
   
Cost
   
Gains
   
Losses
   
Value
 
                         
March 31, 2012
                       
Bonds and notes:
                       
U.S. Government and agencies
  $ 116,928     $ 7     $ 6     $ 116,929  
All other corporates
    4,160       18        –        4,178  
Total fixed maturities
    121,088       25       6       121,107  
                                 
Other investments
    333        –         –        333  
Total current available for sale investments
  $ 121,421     $ 25     $ 6     $ 121,440  
                                 
December 31, 2011
                               
Bonds and notes:
                               
U.S. Government and agencies
  $ 139,940     $ 13     $ 1     $ 139,952  
All other corporates
    5,649       70        –        5,719  
Total fixed maturities
    145,589       83       1       145,671  
                                 
Other investments
    1,005        –        699       306  
Total current available for sale investments
  $ 146,594     $ 83     $ 700     $ 145,977  
Amounts Recognized In Consolidated Statements Of Operation Related To Notes Receivable
   
March 31,
   
March 31,
 
   
2012
   
2011
 
             
Classified as investment and other income:
           
Interest income on FMG Note
  $ 45,069     $ 37,413  
Interest accreted on zero-coupon note component
  $ 1,218     $ 1,083  
                 
Amortization expense on prepaid mining interest
  $ 2,895     $ 2,116  
Amortized Cost, Gross Unrealized Gains And Losses And Estimated Fair Value Of Available For Sale Investments Classified As Non-Current Assets
         
Gross
   
Gross
   
Estimated
 
   
Amortized
   
Unrealized
   
Unrealized
   
Fair
 
   
Cost
   
Gains
   
Losses
   
Value
 
                         
March 31, 2012
                       
Bonds and notes:
                       
U.S. Government and agencies
  $ 10,004     $     $ 18     $ 9,986  
U.S. Government-Sponsored Enterprises
    585,312       14,912       48       600,176  
All other corporates
    81,332       637       1,041       80,928  
Total fixed maturities
    676,648       15,549       1,107       691,090  
                                 
Equity securities:
                               
Common stocks:
                               
Banks, trusts and insurance companies
    22,084       25,939             48,023  
Industrial, miscellaneous and all other
    557,519       289,969       82       847,406  
Total equity securities
    579,603       315,908       82       895,429  
                                 
    $ 1,256,251     $ 331,457     $ 1,189     $ 1,586,519  
                                 
December 31, 2011
                               
Bonds and notes:
                               
U.S. Government-Sponsored Enterprises
  $ 609,617     $ 12,683     $ 109     $ 622,191  
All other corporates
    66,960       636       1,054       66,542  
Total fixed maturities
    676,577       13,319       1,163       688,733  
                                 
Equity securities:
                               
Common stocks:
                               
Banks, trusts and insurance companies
    22,084       28,887             50,971  
Industrial, miscellaneous and all other
    644,717       669,270        299       1,313,688  
Total equity securities
    666,801       698,157       299       1,364,659  
                                 
Other investments
    995        –        494       501  
    $ 1,344,373     $ 711,476     $ 1,956     $ 2,053,893  
Amortized Cost And Estimated Fair Value Of Non-Current Investments Classified As Available For Sale By Contractual Maturity
   
Amortized
   
Estimated
 
   
Cost
   
Fair Value
 
   
(In thousands)
 
             
Due after one year through five years
  $ 30,380     $ 30,611  
Due after five years through ten years
           
Due after ten years
     –        –   
      30,380       30,611  
Mortgage-backed and asset-backed securities
    646,268       660,479  
    $ 676,648     $ 691,090  
Current Investments [Member]
 
Schedule of Investments [Line Items]  
Summary Of Investments
   
March 31, 2012
   
December 31, 2011
 
         
Carrying Value
         
Carrying Value
 
   
Amortized
   
and Estimated
   
Amortized
   
And Estimated
 
   
Cost
   
Fair Value
   
Cost
   
Fair Value
 
                         
Investments available for sale
  $ 121,421     $ 121,440     $ 146,594     $ 145,977  
Other investments, including accrued interest income
    3,977       4,040       4,113       4,158  
Total current investments
  $ 125,398     $ 125,480     $ 150,707     $ 150,135  
Non-Current Investments [Member]
 
Schedule of Investments [Line Items]  
Summary Of Investments
   
March 31, 2012
   
December 31, 2011
 
         
Carrying Value
         
Carrying Value
 
   
Amortized
   
and Estimated
   
Amortized
   
And Estimated
 
   
Cost
   
Fair Value
   
Cost
   
Fair Value
 
                         
Investments available for sale:
                       
   Fortescue
  $ 27,100     $ 183,853     $ 115,703     $ 569,256  
   Inmet Mining Corporation ("Inmet")
    504,006       623,603       504,006       708,193  
   Other investments available for sale
    725,145       779,063       724,664       776,444  
Other investments:
                               
   Private equity funds
    84,530       84,530       85,528       85,528  
   FMG Chichester Pty Ltd ("FMG")
                               
     zero coupon note component
    42,019       42,019       40,801       40,801  
   Other non-publicly traded investments
    46,421       46,359       46,947       46,653  
     Total non-current investments
  $ 1,429,221     $ 1,759,427     $ 1,517,649     $ 2,226,875