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Condensed Financial Information of Registrant Condensed Financial Information of Registrant (Narratives) (Details) (USD $)
0 Months Ended 12 Months Ended
Jul. 02, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 03, 2014
Condensed Financial Statements, Captions [Line Items]          
Proceeds from Dividends Received   $ 225,000,000us-gaap_ProceedsFromDividendsReceived $ 120,000,000us-gaap_ProceedsFromDividendsReceived $ 145,000,000us-gaap_ProceedsFromDividendsReceived  
Capital contributions to subsidiaries   125,000mcy_CapitalContributionsToSubsidiaries 125,000mcy_CapitalContributionsToSubsidiaries 125,000mcy_CapitalContributionsToSubsidiaries  
Credit facility amount   150,000,000us-gaap_LineOfCreditFacilityAmountOutstanding      
Total borrowing guaranteed   20,000,000us-gaap_SecuredDebt 20,000,000us-gaap_SecuredDebt    
Loan maximum borrowing capacity 200,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity        
Revolving credit facility term 5 years        
Mcc [Member]          
Condensed Financial Statements, Captions [Line Items]          
Credit facility amount   120,000,000us-gaap_LineOfCreditFacilityAmountOutstanding
/ dei_LegalEntityAxis
= mcy_MccMember
     
Bank loan   20,000,000us-gaap_LoansPayableToBank
/ dei_LegalEntityAxis
= mcy_MccMember
     
Municipal bonds, fair value   181,000,000us-gaap_MunicipalDebtSecuritiesAtCarryingValue
/ dei_LegalEntityAxis
= mcy_MccMember
     
Total borrowing guaranteed   140,000,000us-gaap_SecuredDebt
/ dei_LegalEntityAxis
= mcy_MccMember
     
Revolving Credit Facility [Member]          
Condensed Financial Statements, Captions [Line Items]          
Credit facility amount   150,000,000us-gaap_LineOfCreditFacilityAmountOutstanding
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
     
Loan maximum borrowing capacity $ 200,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
      $ 250,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
Revolving credit facility term 5 years