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Net Change In Assets and Liabilities
 9 Months Ended
Mar. 31, 2021
Net Change In Assets and Liabilities [Abstract]  
Net Change In Assets and Liabilities
8)
Net Change In Assets and Liabilities

Restricted for Qualifying Victims:

The following is a summary of the change in the carrying value of assets and liabilities, net during the three and nine months ended March 31, 2021 ($ in thousands):

  
Cash
Activities
  
Remeasure-
ment
  
Total
 
          
Real estate assets held for sale, net
 
$
-
  
$
-
  
$
-
 
             
Cash and cash equivalents
  
-
   
-
   
-
 
             
Restricted cash
  
28
   
-
   
28
 
             
Other assets
  
-
   
3,442
   
3,442
 
             
Total assets
 
$
28
  
$
3,442
  
$
3,470
 
             
Accounts payable and accrued liabilities
 
$
-
  
$
11
  
$
11
 
             
Accrued liquidation costs
  
-
   
-
   
-
 
             
Total liabilities
 
$
-
  
$
11
  
$
11
 
             
Change in carrying value of assets and liabilities, net
 
$
28
  
$
3,431
  
$
3,459
 
 
There was no activity relating to net assets restricted for Qualifying Victims during the three and nine months ended March 31, 2020.

All Interestholders

The following is a summary of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2021 ($ in thousands):

  
Cash
Activities
  
Remeasure-
ment
  
Total
 
          
Real estate assets held for sale, net
 
$
(9
)
 
$
-
  
$
(9
)
             
Cash and cash equivalents
  
(11,199
)
  
-
   
(11,199
)
             
Restricted cash
  
1,262
   
-
   
1,262
 
             
Other assets
  
(287
)
  
(1,091
)
  
(1,378
)
             
Total assets
 
$
(10,233
)
 
$
(1,091
)
 
$
(11,324
)
             
Accounts payable and accrued liabilities
 
$
42
  
$
30
  
$
72
 
             
Accrued liquidation costs
  
(11,238
)
  
(2,132
)
  
(13,370
)
             
Total liabilities
 
$
(11,196
)
 
$
(2,102
)
 
$
(13,298
)
             
Change in carrying value of assets and liabilities, net
 
$
963
  
$
1,011
  
$
1,974
 
 
The following is a summary of the distributions (declared) reversed, net during the three months ended March 31, 2021 ($ in thousands):

Distributions (declared)
 
$
(50,005
)
Distributions reversed
  
47
 
Distributions (declared) reversed, net
 
$
(49,958
)
 
The following is a summary of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2020 ($ in thousands):

  
Cash
Activities
  
Remeasure-
ment
   
Total
 
       
          
Real estate assets held for sale, net
 
$
(74,279
)
 
$
14,009
  
$
(60,270
)
             
Cash and cash equivalents
  
55,324
   
-
   
55,324
 
             
Restricted cash
  
1,035
   
-
   
1,035
 
             
Other assets
  
(717
)
  
1,484
   
767
 
             
Total assets
 
$
(18,637
)
 
$
15,493
  
$
(3,144
)
             
Accounts payable and accrued liabilities
 
$
-
  
$
820
  
$
820
 
             
Accrued liquidation costs
  
(20,367
)
  
3,498
   
(16,869
)
             
Total liabilities
 
$
(20,367
)
 
$
4,318
  
$
(16,049
)
             
Change in carrying value of assets and liabilities, net
 
$
1,730
  
$
11,175
  
$
12,905
 
 
The following is a summary of the distributions (declared) reversed, net during the three months ended March 31, 2020 ($ in thousands):

Distributions (declared)
 
$
(78,427
)
Distributions reversed
  
749
 
Distributions (declared) reversed, net
 
$
(77,678
)
 
The following is a summary of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2021 ($ in thousands):

  
Cash
  
Remeasure-
    
  
Activities
  
ment
  
Total
 
          
Real estate assets held for sale, net
 
$
(121,186
)
 
$
(13,184
)
 
$
(134,370
)
             
Cash and cash equivalents
  
87,650
   
-
   
87,650
 
             
Restricted cash
  
2,528
   
-
   
2,528
 
             
Other assets
  
(2,164
)
  
(762
)
  
(2,926
)
             
Total assets
 
$
(33,172
)
 
$
(13,946
)
 
$
(47,118
)
             
Accounts payable and accrued liabilities
 
$
(947
)
 
$
423
  
$
(524
)
             
Accrued liquidation costs
  
(41,236
)
  
(12,887
)
  
(54,123
)
             
Total liabilities
 
$
(42,183
)
 
$
(12,464
)
 
$
(54,647
)
             
Change in carrying value of assets and liabilities, net
 
$
9,011
  
$
(1,482
)
 
$
7,529
 
 
The following is a summary of the distributions (declared) reversed, net during the nine months ended March 31, 2021 ($ in thousands):

Distributions (declared)
 
$
(109,932
)
Distributions reversed
  
378
 
Distributions (declared) reversed, net
 
$
(109,554
)
 
The following is a summary of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2020 ($ in thousands):

  
Cash
Activities
  
Remeasure-
ment
  
Total
 
          
Real estate assets held for sale, net
 
$
(178,207
)
 
$
8,757
  
$
(169,450
)
             
Cash and cash equivalents
  
119,155
   
-
   
119,155
 
             
Restricted cash
  
642
   
-
   
642
 
             
Other assets
  
(2,113
)
  
4,040
   
1,927
 
             
Total assets
 
$
(60,523
)
 
$
12,797
  
$
(47,726
)
             
Accounts payable and accrued liabilities
 
$
(371
)
 
$
1,047
  
$
676
 
             
Accrued liquidation costs
  
(72,082
)
  
6,240
   
(65,842
)
             
Total liabilities
 
$
(72,453
)
 
$
7,287
  
$
(65,166
)
             
Change in carrying value of assets and liabilities, net
 
$
11,930
  
$
5,510
  
$
17,440
 

The following is a summary of the distributions (declared) reversed, net during the nine months ended March 31, 2020 ($ in thousands):

Distributions (declared)
 
$
(78,427
)
Distributions reversed
  
826
 
Distributions (declared) reversed, net
 
$
(77,601
)