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Fair Value Measurement (Summary Of Changes In Fair Value Of Level 3 Financial Assets And Financial Liabilities Held At Fair Value) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Collateralized Debt Obligations [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance   $ 4,302us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
Realized (losses) gains included in earnings   (755)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
Reclassification from other assets   0mcy_FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetReclassification
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
Sales   (3,547)us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
Ending Balance   0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
The amount of total (losses) gains for the period included in earnings attributable to assets still held at March 31   0mcy_AmountOfTotalLossesGainsForPeriodIncludedInEarningsAttributableToAssetsStillHeld
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_CollateralizedDebtObligationsMember
Partnership Interest In Private Credit Fund [Member]    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Beginning Balance 11,719us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
12,548us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
Realized (losses) gains included in earnings 802us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
178us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
Reclassification from other assets 2,911mcy_FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetReclassification
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
0mcy_FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisAssetReclassification
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
Sales 0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
0us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
Ending Balance 15,432us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
12,726us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
The amount of total (losses) gains for the period included in earnings attributable to assets still held at March 31 $ 802mcy_AmountOfTotalLossesGainsForPeriodIncludedInEarningsAttributableToAssetsStillHeld
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember
$ 178mcy_AmountOfTotalLossesGainsForPeriodIncludedInEarningsAttributableToAssetsStillHeld
/ us-gaap_EligibleItemOrGroupForFairValueOptionAxis
= us-gaap_PrivateEquityFundsMember