XML 79 R64.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Derivative Financial Instruments (Narrative) (Details) - Swap [Member] - USD ($) $ in Millions | Feb. 13, 2014 | Aug. 09, 2013 | Dec. 31, 2015
--- | --- | --- | ---
AFL [Member] |  |  |
Derivative Financial Instruments [Line Items] |  |  |
Notional amount |  |  | $ 124
Swap agreement collateral |  |  | 40
AFL [Member] | LIBOR [Member] |  |  |
Derivative Financial Instruments [Line Items] |  |  |
Basis spread on variable rate | 120000.00% | 1.20% |
FFL [Member] |  |  |
Derivative Financial Instruments [Line Items] |  |  |
Notional amount |  |  | 95
Swap agreement collateral |  |  | $ 30
Term of swap agreement | 1 year | 3 years |
FFL [Member] | LIBOR [Member] |  |  |
Derivative Financial Instruments [Line Items] |  |  |
Basis spread on variable rate | 1.40% | 140000.00% |

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage points added to the reference rate to compute the variable rate on the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeBasisSpreadOnVariableRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=51825145&loc=SL20226016-175313 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (d)(2) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
Name: | us-gaap_DerivativeCollateralRightToReclaimSecurities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Period the derivative contract is outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeTermOfContract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeByNatureAxis=us-gaap_SwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=mcy_AFLMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=mcy_FFLMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |