U-Haul 2007 Annual Report Download - page 84

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AMERCO AND CONSOLIDATED ENTITIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
Available-for-Sale Investments
Available-for-sale investments at December 31, 2006 were as follows:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
More than
12 Months
Gross
Unrealized
Losses
Less than
12 Months
Estimated
Market
Value
U.S. treasury securities and government
obligations $ 159,490 $ 975 $ (2,353) $ (81) $ 158,031
U.S. government agency mortgage-backed
securities 101,354 442 (578) (207) 101,011
Obligations of states and political subdivisions 2,027 11 (33) - 2,005
Corporate securities 385,723 5,588 (3,464) (732) 387,115
Mortgage-backed securities 16,149 50 (233) (13) 15,953
Redeemable preferred stocks 17,331 272 - (2) 17,601
Common stocks 112 - (27) - 85
$ 682,186 $ 7,338 $ (6,688) $ (1,035) $ 681,801
(In thousands)
Available-for-sale investments at December 31, 2005 were as follows:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
More than
12 Months
Gross
Unrealized
Losses
Less than
12 Months
Estimated
Market
Value
U.S. treasury securities and government
obligations $ 55,075 $ 1,385 $ (126) $ (391) $ 55,943
U.S. government agency mortgage-backed
securities 45,480 573 (47) (219) 45,787
Obligations of states and political subdivisions 1,568 1 (24) (3) 1,542
Corporate securities 458,658 9,672 (3,538) (3,843) 460,949
Mortgage-backed securities 112,432 670 (641) (879) 111,582
Redeemable preferred stocks 18,531 517 - - 19,048
Common stocks 184 - (70) (29) 85
$
691,928
$
12,818
$
(
4,446
)
$
(
5,364
)
$
694,936
(In thousands)
The above tables include gross unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated
by investment category and length of time that individual securities have been in a continuous unrealized loss position.
F-19