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Derivative Financial Instruments (Narrative) (Details) (USD $)
In Thousands, unless otherwise specified
0 Months Ended
Aug. 09, 2013
Mar. 31, 2015
2014 Swap [Member]    
Derivative Financial Instruments [Line Items]    
Notional amount   $ 107,234invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= mcy_TotalSwapTwoMember
Swap agreement collateral   29,989us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeByNatureAxis
= mcy_TotalSwapTwoMember
2013 Swap [Member]    
Derivative Financial Instruments [Line Items]    
Notional amount   154,454invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
Swap agreement collateral   $ 39,999us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
Term of swap agreement 3 years  
LIBOR [Member] | 2014 Swap [Member]    
Derivative Financial Instruments [Line Items]    
Basis spread on variable rate   1.35%us-gaap_DerivativeBasisSpreadOnVariableRate
/ us-gaap_DerivativeByNatureAxis
= mcy_TotalSwapTwoMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
LIBOR [Member] | 2013 Swap [Member]    
Derivative Financial Instruments [Line Items]    
Basis spread on variable rate   1.20%us-gaap_DerivativeBasisSpreadOnVariableRate
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember