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Summary Of Investments Other Than Investments In Related Parties | 12 Months Ended
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Dec. 31, 2019
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract] |
Summary Of Investments Other Than Investments In Related Parties |
MERCURY GENERAL CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES DECEMBER 31, 2019
Type of Investment | Cost |  | Fair Value |  | Amounts in the Balance Sheet
| (Amounts in thousands)
Fixed maturity securities: |  |  |  |  |
U.S. government bonds | $ | 22,502 |  |  | $ | 22,637 |  |  | $ | 22,637 |
Municipal securities | 2,435,346 |  |  | 2,554,208 |  |  | 2,554,208 |
Mortgage-backed securities | 62,566 |  |  | 63,003 |  |  | 63,003 |
Corporate securities | 233,730 |  |  | 235,565 |  |  | 235,565 |
Collateralized loan obligations | 200,656 |  |  | 199,218 |  |  | 199,217 |
Other asset-backed securities | 18,476 |  |  | 18,644 |  |  | 18,645 |
Total fixed maturity securities | 2,973,276 |  |  | 3,093,275 |  |  | 3,093,275 |
Equity securities: |  |  |  |  |
Common stock | 498,514 |  |  | 586,367 |  |  | 586,367 |
Non-redeemable preferred stock | 49,442 |  |  | 49,708 |  |  | 49,708 |
Private equity fund | 1,137 |  |  | 1,203 |  |  | 1,203 |
Private equity funds measured at net asset value (1) | 99,189 |  |  | 87,473 |  |  | 87,473 |
Total equity securities | 648,282 |  |  | 724,751 |  |  | 724,751 |
Short-term investments | 494,060 |  |  | 494,135 |  |  | 494,135 |
Total investments | $ | 4,115,618 |  |  | $ | 4,312,161 |  |  | $ | 4,312,161 |
__________
(1) | The fair value is measured using the NAV practical expedient. See Note 4. Fair Value Measurements of the Notes to Consolidated Financial Statements for additional information.
SCHEDULE I, Continued
MERCURY GENERAL CORPORATION AND SUBSIDIARIES SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES DECEMBER 31, 2018
Type of Investment | Cost |  | Fair Value |  | Amounts in the Balance Sheet
| (Amounts in thousands)
Fixed maturity securities: |  |  |  |  |
U.S. government bonds | $ | 25,131 |  |  | $ | 25,003 |  |  | $ | 25,003 |
Municipal securities | 2,599,056 |  |  | 2,620,132 |  |  | 2,620,132 |
Mortgage-backed securities | 30,640 |  |  | 30,952 |  |  | 30,952 |
Corporate securities | 107,479 |  |  | 105,524 |  |  | 105,524 |
Collateralized loan obligations | 169,626 |  |  | 165,789 |  |  | 165,789 |
Other asset-backed securities | 37,609 |  |  | 37,761 |  |  | 37,761 |
Total fixed maturity securities | 2,969,541 |  |  | 2,985,161 |  |  | 2,985,161 |
Equity securities: |  |  |  |  |
Common stock | 438,504 |  |  | 430,973 |  |  | 430,973 |
Non-redeemable preferred stock | 34,429 |  |  | 31,433 |  |  | 31,433 |
Private equity fund | 1,481 |  |  | 1,445 |  |  | 1,445 |
Private equity fund measured at net asset value (1) | 69,668 |  |  | 65,780 |  |  | 65,780 |
Total equity securities | 544,082 |  |  | 529,631 |  |  | 529,631 |
Short-term investments | 254,518 |  |  | 253,299 |  |  | 253,299 |
Total investments | $ | 3,768,141 |  |  | $ | 3,768,091 |  |  | $ | 3,768,091 |
__________ (1) The fair value is measured using the NAV practical expedient. See Note 4. Fair Value Measurements of the Notes to Consolidated Financial Statements for additional information.

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- Definition The entire disclosure of information about investment held by insurance company, excluding investment in related party. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 15 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 320 -Section S99 -Paragraph 7 -Subparagraph (SX 210.12-15) -URI http://asc.fasb.org/extlink&oid=50485924&loc=d3e611379-123010 + Details
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