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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Investment income:    
Interest $ 587 $ 453
Dividends 572 572
Management and directors' fees 292 171
Revenues total 1,451 1,196
Operating expenses:    
Salaries 617 472
Stock option expense 257 245
Net pension benefit (75) (73)
Professional fees 307 305
Other operating expenses 313 216
Total operating expenses 1,419 1,165
Income before income taxes 32 31
Income tax expense 14 17
Net investment income 18 14
Proceeds from disposition of investments 67,505 39
Cost of investments sold 617 5,950
Net realized gain (loss) on investments 66,888 (5,911)
Net decrease in unrealized appreciation of investments (78,521) (4,558)
Net realized and unrealized loss on investments (11,633) (10,469)
Decrease in net assets from operations $ (11,615) $ (10,455)