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Derivative Financial Instruments (Narrative) (Details) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended
Feb. 06, 2009
Dec. 31, 2013
Aug. 10, 2014
Dec. 31, 2014
Aug. 09, 2013
Feb. 13, 2014
Feb. 13, 2015
Derivative Financial Instruments [Line Items]              
Secured loan   20,000,000us-gaap_SecuredDebt   $ 20,000,000us-gaap_SecuredDebt      
AFL [Member]              
Derivative Financial Instruments [Line Items]              
Notional amount       144,000,000invest_DerivativeNotionalAmount
/ dei_LegalEntityAxis
= mcy_AFLMember
     
FFL [Member]              
Derivative Financial Instruments [Line Items]              
Notional amount       114,000,000invest_DerivativeNotionalAmount
/ dei_LegalEntityAxis
= mcy_FFLMember
     
Interest Rate Swap [Member] | Credit Facility [Member]              
Derivative Financial Instruments [Line Items]              
Secured loan 120,000,000us-gaap_SecuredDebt
/ us-gaap_DebtInstrumentAxis
= mcy_CreditFacilityMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_InterestRateSwapMember
           
Fixed rate 1.93%us-gaap_DerivativeFixedInterestRate
/ us-gaap_DebtInstrumentAxis
= mcy_CreditFacilityMember
/ us-gaap_FinancialInstrumentAxis
= us-gaap_InterestRateSwapMember
           
Maturity date of senior notes January 3, 2012            
Swap [Member] | AFL [Member]              
Derivative Financial Instruments [Line Items]              
Term of swap agreement   3 years          
Notional amount       144,000,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_AFLMember
     
Swap agreement collateral       40,000,000us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_AFLMember
     
Swap [Member] | FFL [Member]              
Derivative Financial Instruments [Line Items]              
Term of swap agreement     3 years        
Notional amount       114,000,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_FFLMember
     
Swap agreement collateral       $ 30,000,000us-gaap_DerivativeCollateralRightToReclaimSecurities
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_FFLMember
     
LIBOR [Member] | Swap [Member] | AFL [Member]              
Derivative Financial Instruments [Line Items]              
Basis spread on variable rate         1.20%us-gaap_DerivativeBasisSpreadOnVariableRate
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_AFLMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
   
LIBOR [Member] | Swap [Member] | FFL [Member]              
Derivative Financial Instruments [Line Items]              
Basis spread on variable rate           1.40%us-gaap_DerivativeBasisSpreadOnVariableRate
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_FFLMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
 
Scenario, Forecast [Member] | LIBOR [Member] | Swap [Member] | FFL [Member]              
Derivative Financial Instruments [Line Items]              
Basis spread on variable rate             1.35%us-gaap_DerivativeBasisSpreadOnVariableRate
/ us-gaap_DerivativeByNatureAxis
= us-gaap_SwapMember
/ dei_LegalEntityAxis
= mcy_FFLMember
/ us-gaap_StatementScenarioAxis
= us-gaap_ScenarioForecastMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember