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Summary Of Investments Other Than Investments In Related Parties (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost $ 3,264,525us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost $ 3,062,861us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
Fair value 3,403,822us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue 3,158,312us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
Amounts in the balance sheet 3,403,822us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount 3,158,312us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
Fixed Maturity Securities [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 2,503,494us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
2,523,042us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
Fair value 2,618,400us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
2,560,653us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
Amounts in the balance sheet 2,618,400us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
2,560,653us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
Fixed Maturity Securities [Member] | U.S. Government Bonds And Agencies [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 16,028us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
15,994us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Fair value 16,108us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
16,096us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Amounts in the balance sheet 16,108us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
16,096us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Fixed Maturity Securities [Member] | Municipal Securities [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 2,160,710us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
2,201,047us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
Fair value 2,275,455us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
2,235,323us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
Amounts in the balance sheet 2,275,455us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
2,235,323us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MunicipalBondsMember
Fixed Maturity Securities [Member] | Mortgage-Backed Securities [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 45,519us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
37,848us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
Fair value 47,691us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
40,247us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
Amounts in the balance sheet 47,691us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
40,247us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_MortgageBackedSecuritiesMember
Fixed Maturity Securities [Member] | Corporate Securities [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 258,940us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
264,172us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Fair value 256,930us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
264,685us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Amounts in the balance sheet 256,930us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
264,685us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CorporateDebtSecuritiesMember
Fixed Maturity Securities [Member] | Collateralized Debt Obligations [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 22,297us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
3,981us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
Fair value 22,216us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
4,302us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
Amounts in the balance sheet 22,216us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
4,302us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_FixedIncomeSecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CollateralizedDebtObligationsMember
Equity Securities [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 387,851us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
223,933us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Fair value 412,880us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
281,883us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Amounts in the balance sheet 412,880us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
281,883us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
Equity Securities [Member] | Non-Redeemable Preferred Stock [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 28,012us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
29,740us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Fair value 28,563us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
29,567us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Amounts in the balance sheet 28,563us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
29,567us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Equity Securities [Member] | Partnership Interest in a Private Credit Fund [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 10,000us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
10,000us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
Fair value 11,719us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
12,548us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
Amounts in the balance sheet 11,719us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
12,548us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= mcy_PrivateCreditFundMember
Equity Securities [Member] | Public Utilities [Member] | Common Stock [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 96,482us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
81,128us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Fair value 105,485us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
85,287us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Amounts in the balance sheet 105,485us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
85,287us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_PublicUtilitiesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Equity Securities [Member] | Banks, Trust, And Insurance Companies [Member] | Common Stock [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 7,701us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
1,610us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Fair value 9,757us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
2,927us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Amounts in the balance sheet 9,757us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
2,927us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_BanksTrustAndInsuranceCompaniesMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Equity Securities [Member] | Energy and Other [Member] | Common Stock [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 245,656us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
101,455us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Fair value 257,356us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
151,554us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Amounts in the balance sheet 257,356us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
151,554us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ mcy_CommonStockTypeAxis
= mcy_EnergyAndOtherMember
/ us-gaap_DebtSecurityAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_CommonStockMember
Short-Term Investments [Member]    
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]    
Cost 373,180us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember
315,886us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember
Fair value 372,542us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember
315,776us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember
Amounts in the balance sheet $ 372,542us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember
$ 315,776us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
/ us-gaap_DebtSecurityAxis
= us-gaap_ShortTermInvestmentsMember