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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value of Investment in Mandatorily Redeemable Preferred Stock and Outstanding Debt
The following table sets forth the carrying values and fair values of the Company’s investment in TVGN's mandatorily redeemable preferred stock units and outstanding debt at March 31, 2014 and March 31, 2013:
 
 
March 31, 2014
 
March 31, 2013
 
(Amounts in thousands)
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
 
 
(Level 3)
 
 
 
(Level 3)
Assets:
 
 
 
 
 
 
 
Investment in TVGN's Mandatorily Redeemable Preferred Stock Units
$
86,298

 
$
99,907

 
$
91,408

 
$
99,909

 
 
 
 
 
 
 
 
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
 
 
 
(Level 2)
 
 
 
(Level 2)
Liabilities:
 
 
 
 
 
 
 
October 2004 2.9375% Notes
$
115

 
$
111

 
$
348

 
$
276

April 2009 3.625% Notes
35,615

 
40,140

 
49,907

 
66,939

January 2012 4.00% Notes
36,058

 
41,401

 
36,912

 
48,878

April 2013 1.25% Notes
60,000

 
51,411

 

 

Individual production loans
418,883

 
418,883

 
404,341

 
403,883

Pennsylvania Regional Center production loans

 

 
65,000

 
65,000

Senior secured second-priority notes
225,000

 
223,313

 
432,277

 
477,965

July 2013 7-Year Term Loan
222,753

 
225,844

 

 

 
$
998,424

 
$
1,001,103

 
$
988,785

 
$
1,062,941