| Trading Securities |
As of December 31, 2017 and March 31, 2017, trading securities consisted
of:
| |
|
December 31,
2017
|
|
|
March 31, 2017 (Recast) |
|
| |
|
|
|
|
|
|
| Equity securities |
|
$ |
164,853 |
|
|
$ |
71,697 |
|
| Debt securities |
|
|
32,903 |
|
|
|
9,877 |
|
| Depository notes |
|
|
1,192 |
|
|
|
- |
|
| Mutual investment funds |
|
|
259 |
|
|
|
1 |
|
| Total trading securities |
|
$ |
199,207 |
|
|
$ |
81,575 |
|
The following tables presents trading securities assets in the condensed
consolidated financial statements or disclosed in the notes to the consolidated financial statements at fair value on a recurring
basis as of December 31, 2017 and March 31, 2017:
| |
|
|
|
|
Fair Value Measurements at |
|
| |
|
|
|
|
December 31, 2017 using |
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant unobservable units |
|
| |
|
December 31, 2017 |
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
164,853 |
|
|
$ |
164,853 |
|
|
$ |
- |
|
|
$ |
- |
|
| Debt securities |
|
|
32,903 |
|
|
|
32,715 |
|
|
|
188 |
|
|
|
- |
|
| Depository notes |
|
|
1,192 |
|
|
|
1,192 |
|
|
|
- |
|
|
|
- |
|
| Mutual investment funds |
|
|
259 |
|
|
|
259 |
|
|
|
- |
|
|
|
- |
|
| Total trading securities |
|
$ |
199,207 |
|
|
$ |
199,019 |
|
|
$ |
188 |
|
|
$ |
- |
|
| |
|
|
|
|
Fair Value Measurements at |
|
| |
|
|
|
|
March 31, 2017 using |
|
| |
|
|
|
|
Quoted Prices in Active Markets for Identical Assets |
|
|
Significant Other Observable Inputs |
|
|
Significant unobservable units |
|
| |
|
March 31, 2017 (Recast) |
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Equity securities |
|
$ |
71,697 |
|
|
$ |
71,697 |
|
|
$ |
- |
|
|
$ |
- |
|
| Debt securities |
|
|
9,877 |
|
|
|
9,663 |
|
|
|
214 |
|
|
|
- |
|
| Mutual investment funds |
|
|
1 |
|
|
|
1 |
|
|
|
- |
|
|
|
- |
|
| Total trading securities |
|
$ |
81,575 |
|
|
$ |
81,361 |
|
|
$ |
214 |
|
|
$ |
- |
|
|