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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Cash flows from operating activities      
Increase in net assets from operations $ 91,757 $ 53,688 $ 73,541
Adjustments to reconcile increase in net assets from operations to net cash provided by (used in) operating activities:      
Net proceeds from disposition of investments 32,454 71,133 5,191
Proceeds from repayment of loans 2,111 4,519 3,000
Purchases of securities (13,377) (10,520) (17,234)
Depreciation and amortization 25 27 33
Net pension benefit (300) (291) (369)
Realized gain on investments before income tax (11,827) (63,463) (1,640)
Taxes payable on behalf of shareholders on deemed distribution 1,249 24,577 815
Net increase in unrealized appreciation of investments (78,635) (12,999) (70,624)
Stock option expense 1,050 957 675
(Increase) decrease in dividend and interest receivable (1,218) 490 (514)
Decrease (increase) in receivables from affiliates 120 525 (617)
Increase in other assets (81) (18) (26)
Increase (decrease) in other liabilities 344 (496) 819
(Decrease) increase in deferred income taxes (123) 102 130
Net cash provided by (used in) operating activities 23,549 68,231 (6,820)
Cash flows from financing activities      
Distributions from undistributed net investment income (3,003) (2,994) (2,993)
Proceeds from exercise of employee stock options 99 745 0
Payment of federal income tax for deemed capital gains distribution (1,249) (24,577) (815)
Net cash used in financing activities (4,153) (26,826) (3,808)
Net increase (decrease) in cash and cash equivalents 19,396 41,405 (10,628)
Cash and cash equivalents at beginning of period 45,498 4,094 14,722
Cash and cash equivalents at end of period 64,895 45,498 4,094
Supplemental disclosure of cash flow information:      
Income taxes 0 0 0
These transactions had the following non-cash effect on the Company's Consolidated Statements of Assets and Liabilities:      
Total Investments $ 0 $ 6,617 $ 0