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Fair Value Measurements (Table Text Block)
3 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]    
Financial Instruments, Carrying and Estimated fair values

 

 

Fair Value Hierarchy

 

 

Carrying

 

 

 

 

 

 

 

Total Estimated

Quarter Ended June 30, 2019

 

Value

 

Level 1

 

Level 2

 

Level 3

 

Fair Value

 

 

(Unaudited)

Assets

 

(In thousands)

Reinsurance recoverables and trade receivables, net

$

243,235

$

0

$

0

$

243,235

$

243,235

Mortgage loans, net

 

233,566

 

0

 

0

 

233,566

 

233,566

Other investments

 

79,484

 

0

 

0

 

79,484

 

79,484

Total

$

556,285

$

0

$

0

$

556,285

$

556,285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Notes, loans and finance/capital leases payable

 

4,343,935

 

0

 

4,343,935

 

0

 

4,343,935

Total

$

4,343,935

$

0

$

4,343,935

$

0

$

4,343,935

 

 

Fair Value Hierarchy

 

 

Carrying

 

 

 

 

 

 

 

Total Estimated

Year Ended March 31, 2019

 

Value

 

Level 1

 

Level 2

 

Level 3

 

Fair Value

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

 

 

Reinsurance recoverables and trade receivables, net

$

224,785

$

0

$

0

$

224,785

$

224,785

Mortgage loans, net

 

225,829

 

0

 

0

 

225,829

 

225,829

Other investments

 

74,907

 

0

 

0

 

74,907

 

74,907

Total

$

525,521

$

0

$

0

$

525,521

$

525,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

Notes, loans and leases payable

 

4,192,243

 

0

 

4,192,243

 

0

 

4,192,243

Total

$

4,192,243

$

0

$

4,192,243

$

0

$

4,192,243

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis

Year Ended June 30, 2019

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(Unaudited)

Assets

 

(In thousands)

Short-term investments

$

365,801

$

365,552

$

249

$

0

Fixed maturities - available for sale

 

2,308,689

 

7,333

 

2,301,135

 

221

Preferred stock

 

8,861

 

8,861

 

0

 

0

Common stock

 

19,035

 

19,035

 

0

 

0

Derivatives

 

4,555

 

4,491

 

64

 

0

Total

$

2,706,941

$

405,272

$

2,301,448

$

221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Derivatives

 

1,181

 

0

 

1,181

 

0

Total

$

1,181

$

0

$

1,181

$

0

Year Ended March 31, 2019

 

Total

 

Level 1

 

Level 2

 

Level 3

 

 

(In thousands)

Assets

 

 

 

 

 

 

 

 

Short-term investments

$

463,847

$

463,599

$

248

$

0

Fixed maturities - available for sale

 

2,209,761

 

7,327

 

2,202,213

 

221

Preferred stock

 

8,257

 

8,257

 

0

 

0

Common stock

 

17,379

 

17,379

 

0

 

0

Derivatives

 

1,607

 

1,468

 

139

 

0

Total

$

2,700,851

$

498,030

$

2,202,600

$

221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Derivatives

 

0

 

0

 

0

 

0

Total

$

0

$

0

$

0

$

0