SELECTED QUARTERLY FINANCIAL DATA

12 Months Ended

Mar. 31, 2012

SELECTED QUARTERLY FINANCIAL DATA [Abstract]

11. SELECTED QUARTERLY FINANCIAL DATA

The following presents a summary of the unaudited quarterly consolidated financial information for the years ended March 31, 2012 and 2011 (in thousands except per share amounts):

2012	First Quarter				Second Quarter			Third Quarter			Fourth Quarter			Total
Net investment income (loss)		$	14		$	23		$	4,385		$	(1,878	)	$	2,544
Net realized gain (loss) on investments			(5,911	)		18,500			(2,360	)		349			10,578
Net increase (decrease) in unrealized appreciation of investments			(4,588	)		(44,076	)		48,798			78,501			78,635
Net increase (decrease) in net assets from operations			(10,455	)		(25,703	)		50,823			77,092			91,757
Net increase in net operations per share			(2.79	)		(6.85	)		13.53			20.53			24.42

2011	First Quarter			Second Quarter		Third Quarter			Fourth Quarter			Total
Net investment income (loss)	$	1,962		$	81	$	1,227		$	(1,466	)	$	1,804
Net realized gain (loss) on investments		74,015			530		(28,797	)		(6,863	)		38,885
Net increase (decrease) in unrealized appreciation of investments		(65,742	)		23,360		21,837			33,544			12,999
Net increase (decrease) in net assets from operations		10,235			23,971		(5,732	)		25,214			53,688
Net increase (decrease) in net operations per share		2.73			6.41		(1.53	)		6.72			14.33

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References+ Details