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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Decrease in net assets from operations $ (11,615) $ (10,455)
Adjustments to reconcile decrease in net assets from operations to net cash provided by (used in) operating activities:    
Net proceeds from disposition of investments 67,505 39
Proceeds from repayment of loan 0 111
Purchases of securities (6,251) (9,822)
Depreciation and amortization 11 5
Net pension benefit (75) (73)
Realized (gain) loss on investments before income tax (66,888) 5,911
Net decrease in unrealized appreciation of investments 78,521 4,558
Stock option expense 257 245
Increase in dividend and interest receivable (435) (229)
(Increase) /Decrease in receivables from affiliates and other receivables (701) 340
Increase in other assets 25 1
(Decrease)/Increase in other liabilities (176) 22
Increase in commitment payable 5,950 0
Increase in deferred income taxes 26 25
Net cash provided by (used in) operating activities 66,154 (9,322)
Cash flows from financing activities    
Distributions from undistributed net investment income (1,505) (1,501)
Proceeds from exercise of employee stock options 3,017 0
Dividends paid from net realized gain (66,826) 0
Purchase of treasury stock 0 0
Net cash used in financing activities (65,314) (1,501)
Net increase (decrease) in cash and cash equivalents 840 (10,823)
Cash and cash equivalents at beginning of period 64,895 45,498
Cash and cash equivalents at end of period 65,735 34,675
Supplemental disclosure of cash flow information:    
Income taxes $ 0 $ 0