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Fair Value Measurements (Table Text Block) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Mar. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract] |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis |
As of June 30, 2024 |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | (Unaudited) |
Assets |  | (In thousands) |
Fixed maturities - available for sale |  | $ | 2,395,890 |  |  | $ | — |  |  | $ | 2,395,832 |  |  | $ | 58 |
Preferred stock |  |  | 22,067 |  |  |  | 22,067 |  |  |  | — |  |  |  | — |
Common stock |  |  | 51,999 |  |  |  | 51,999 |  |  |  | — |  |  |  | — |
Derivatives |  |  | 17,190 |  |  |  | 8,804 |  |  |  | 8,386 |  |  |  | — |
Total |  | $ | 2,487,146 |  |  | $ | 82,870 |  |  | $ | 2,404,218 |  |  | $ | 58 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Embedded derivatives |  | $ | 9,880 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,880 |
Liabilities from investment contracts |  |  | 2,295,851 |  |  |  | — |  |  |  | — |  |  |  | 2,295,851 |
Market risk benefits |  |  | 13,447 |  |  |  | — |  |  |  | — |  |  |  | 13,447 |
Total |  | $ | 2,319,178 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,319,178 |
As of March 31, 2024 |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  | (In thousands) |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Fixed maturities - available for sale |  | $ | 2,442,504 |  |  | $ | — |  |  | $ | 2,442,446 |  |  | $ | 58 |
Preferred stock |  |  | 21,260 |  |  |  | 21,260 |  |  |  | — |  |  |  | — |
Common stock |  |  | 45,014 |  |  |  | 45,014 |  |  |  | — |  |  |  | — |
Derivatives |  |  | 18,930 |  |  |  | 10,538 |  |  |  | 8,392 |  |  |  | — |
Total |  | $ | 2,527,708 |  |  | $ | 76,812 |  |  | $ | 2,450,838 |  |  | $ | 58 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Embedded derivatives |  | $ | 9,300 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,300 |
Liabilities from investment contracts |  |  | 2,290,096 |  |  |  | — |  |  |  | — |  |  |  | 2,290,096 |
Market risk benefits |  |  | 13,400 |  |  |  | — |  |  |  | — |  |  |  | 13,400 |
Total |  | $ | 2,312,796 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,312,796 |
Financial Instruments, Carrying and Estimated fair values |
|  | Fair Value Hierarchy |
|  | Carrying |  |  |  |  |  |  |  |  |  |  |  | Total |
As of June 30, 2024 |  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Fair Value |
|  | (Unaudited) |
Assets |  | (In thousands) |
Trade receivables, net |  | $ | 215,735 |  |  | $ | — |  |  | $ | — |  |  | $ | 215,735 |  |  | $ | 215,735 |
Mortgage loans, net |  |  | 617,230 |  |  |  | — |  |  |  | — |  |  |  | 589,880 |  |  |  | 589,880 |
Other investments |  |  | 12,389 |  |  |  | — |  |  |  | — |  |  |  | 12,389 |  |  |  | 12,389 |
Total |  | $ | 845,354 |  |  | $ | — |  |  | $ | — |  |  | $ | 818,004 |  |  | $ | 818,004 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notes, loans and finance leases payable |  | $ | 6,311,676 |  |  | $ | — |  |  | $ | 5,888,119 |  |  | $ | — |  |  | $ | 5,888,119 |
Total |  | $ | 6,311,676 |  |  | $ | — |  |  | $ | 5,888,119 |  |  | $ | — |  |  | $ | 5,888,119 |
|  | Fair Value Hierarchy |
|  | Carrying |  |  |  |  |  |  |  |  |  |  |  | Total |
As of March 31, 2024 |  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Fair Value |
|  | (In thousands) |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade receivables, net |  | $ | 177,602 |  |  | $ | — |  |  | $ | — |  |  | $ | 177,602 |  |  | $ | 177,602 |
Mortgage loans, net |  |  | 604,481 |  |  |  | — |  |  |  | — |  |  |  | 579,767 |  |  |  | 579,767 |
Other investments |  |  | 18,917 |  |  |  | — |  |  |  | — |  |  |  | 18,917 |  |  |  | 18,917 |
Total |  | $ | 801,000 |  |  | $ | — |  |  | $ | — |  |  | $ | 776,286 |  |  | $ | 776,286 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notes, loans and finance leases payable |  |  | 6,304,038 |  |  |  | — |  |  |  | 5,850,346 |  |  |  | — |  |  |  | 5,850,346 |
Total |  | $ | 6,304,038 |  |  | $ | — |  |  | $ | 5,850,346 |  |  | $ | — |  |  | $ | 5,850,346 |

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