Net Change In Assets and Liabilities (Tables)

6 Months Ended

Dec. 31, 2020

Net Change In Assets and Liabilities [Abstract]

Details of Net Change in Assets and Liabilities

The following provides details of the change in the carrying value of assets and liabilities, net during the three months ended December 31, 2020 ($ in thousands):

	Cash Activities			Remeasure- ment			Total
Real estate assets held for sale, net	$	(87,675	)	$	(1,277	)	$	(88,952	)
Cash and cash equivalents		72,508			-			72,508
Restricted cash		578			-			578
Other assets		(1,293	)		248			(1,045	)
Total assets	$	(15,882	)	$	(1,029	)	$	(16,911	)
Accounts payable and accrued liabilities	$	(493	)	$	31		$	(462	)
Accrued liquidation costs		(18,067	)		1,146			(16,921	)
Total liabilities	$	(18,560	)	$	1,177		$	(17,383	)
Change in carrying value of assets and liabilities, net	$	2,678		$	(2,206	)	$	472

The following provides details of the change in the carrying value of assets and liabilities, net during the three months ended December 31, 2019 ($ in thousands):

	Cash Activities			Remeasure- ment			Total
Real estate assets held for sale, net	$	(82,967	)	$	(7,040	)	$	(90,007	)
Cash and cash equivalents		61,843			-			61,843
Restricted cash		(358	)		-			(358	)
Other assets		(968	)		1,950			982
Total assets	$	(22,450	)	$	(5,090	)	$	(27,540	)
Accounts payable and accrued liabilities	$	(365	)	$	117		$	(248	)
Accrued liquidation costs		(25,839	)		(2,413	)		(28,252	)
Total liabilities	$	(26,204	)	$	(2,296	)	$	(28,500	)
Change in carrying value of assets and liabilities, net	$	3,754		$	(2,794	)	$	960

The following provides details of the change in the carrying value of assets and liabilities, net during the six months ended December 31, 2020 ($ in thousands):

	Cash Activities			Remeasure- ment			Total
Real estate assets held for sale, net	$	(121,167	)	$	(13,194	)	$	(134,361	)
Cash and cash equivalents		98,849			-			98,849
Restricted cash		1,266			-			1,266
Other assets		(1,877	)		329			(1,548	)
Total assets	$	(22,929	)	$	(12,865	)	$	(35,794	)
Accounts payable and accrued liabilities	$	(989	)	$	393		$	(596	)
Accrued liquidation costs		(29,998	)		(10,755	)		(40,753	)
Total liabilities	$	(30,987	)	$	(10,362	)	$	(41,349	)
Change in carrying value of assets and liabilities, net	$	8,058		$	(2,503	)	$	5,555

The following provides details of the change in the carrying value of assets and liabilities, net during the six months ended December 31, 2019 ($ in thousands):

	Cash Activities			Remeasure- ment			Total
Real estate assets held for sale, net	$	(103,929	)	$	(5,251	)	$	(109,180	)
Cash and cash equivalents		63,832			-			63,832
Restricted cash		(394	)		-			(394	)
Other assets		(1,396	)		2,556			1,160
Total assets	$	(41,887	)	$	(2,695	)	$	(44,582	)
Accounts payable and accrued liabilities	$	(370	)	$	226		$	(144	)
Accrued liquidation costs		(46,231	)		(2,742	)		(48,973	)
Total liabilities	$	(46,601	)	$	(2,516	)	$	(49,117	)
Change in carrying value of assets and liabilities, net	$	4,714		$	(179	)	$	4,535

Distributions (Declared) Reversed, Net

The following provides details of the distributions (declared) reversed, net during the three months ended December 31, 2020 ($ in thousands):

Distributions (declared)	$	(29,957	)
Distributions reversed		238
Distributions (declared) reversed, net	$	(29,719	)

The following provides details of the distributions (declared) reversed, net during the three months ended December 31, 2019 ($ in thousands):

Distributions (declared)	$	-
Distributions reversed		41
Distributions (declared) reversed, net	$	41

The following provides details of the distributions (declared) reversed, net during the six months ended December 31, 2020 ($ in thousands):

Distributions (declared)	$	(59,927	)
Distributions reversed		331
Distributions (declared) reversed, net	$	(59,596	)

The following provides details of the distributions (declared) reversed, net during the six months ended December 31, 2019 ($ in thousands):

Distributions (declared)	$	-
Distributions reversed		77
Distributions (declared) reversed, net	$	77