XML 60 R40.htm IDEA: XBRL DOCUMENT v3.21.1
Subsequent Events (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
May 13, 2021
USD ($)
Home
$ / shares
shares
Apr. 29, 2021
USD ($)
Jan. 27, 2021
USD ($)
Jan. 07, 2021
USD ($)
$ / shares
Nov. 06, 2020
USD ($)
Oct. 19, 2020
USD ($)
$ / shares
Jul. 16, 2020
USD ($)
Jul. 13, 2020
USD ($)
$ / shares
Apr. 10, 2020
USD ($)
Mar. 31, 2020
USD ($)
$ / shares
shares
Jan. 10, 2020
USD ($)
Jan. 02, 2020
USD ($)
$ / shares
May 13, 2021
USD ($)
Home
shares
Mar. 31, 2021
USD ($)
Asset
shares
Mar. 31, 2020
USD ($)
Asset
shares
Mar. 31, 2021
USD ($)
Asset
shares
Mar. 31, 2020
USD ($)
Asset
shares
Jan. 28, 2021
USD ($)
Nov. 03, 2020
USD ($)
Aug. 25, 2020
USD ($)
Jun. 30, 2020
USD ($)
Subsequent Event, Additional Information [Abstract]                                          
Disallowed or cancelled claims, cash released from restricted cash account | $                           $ 47 $ 749 $ 379 $ 826        
Settlement of causes of action | $                           $ 1,278 1,179 8,443 4,845        
Number of assets sold | Asset                           0              
Proceeds from sale of assets | $                             $ 74,269 121,208 $ 177,974        
Escrow receivables | $ [1]                           $ 0   $ 0         $ 1,500
Single Family Homes [Member]                                          
Subsequent Event, Additional Information [Abstract]                                          
Number of assets sold | Asset                             2 5 10        
Class A [Member]                                          
Liquidation Trust Interests [Abstract]                                          
Outstanding at beginning of period (in shares)                         11,513,660     11,518,232 11,433,623        
Allowed claims (in shares)                               10,367 85,743        
5% enhancement for certain allowed claims (in shares)                               182 459        
Settlement of claims by cancelling Liquidation Trust Interests (in shares)                               (15,121) (3,640)        
Outstanding at end of period (in shares)                   11,516,101       11,513,660 11,516,101 11,513,660 11,516,101        
Percentage of enhancement for certain allowed claims                               5.00% 5.00%        
Unresolved Claims, Liquidation Trust Interests [Abstract]                                          
Outstanding at beginning of period (in shares)                         138,788     193,559 482,734        
Allowed claims (in shares)                               (10,367) (85,743)        
Disallowed claims (in shares)                               (44,372) (122,433)        
Outstanding at end of period (in shares)                   274,558       138,788 274,558 138,788 274,558        
Subsequent Event, Additional Information [Abstract]                                          
Distributions declared | $       $ 50,005   $ 29,957   $ 29,934   $ 25,000   $ 53,426                  
Distributions declared per interest (in dollars per share) | $ / shares       $ 4.28   $ 2.56   $ 2.56   $ 2.12   $ 4.50                  
Distributions paid | $     $ 48,665   $ 29,204   $ 29,201   $ 24,193   $ 51,188     $ 229 $ 495 $ 351 $ 606        
Deposit made into restricted cash account for distributions | $                 $ 807   $ 2,238             $ 1,340 $ 753 $ 733  
Class B [Member]                                          
Liquidation Trust Interests [Abstract]                                          
Outstanding at beginning of period (in shares)                         676,312     675,558 655,261        
Allowed claims (in shares)                               1,133 21,334        
5% enhancement for certain allowed claims (in shares)                               56 5        
Settlement of claims by cancelling Liquidation Trust Interests (in shares)                               (435) (891)        
Outstanding at end of period (in shares)                   675,709       676,312 675,709 676,312 675,709        
Percentage of enhancement for certain allowed claims                               5.00% 5.00%        
Unresolved Claims, Liquidation Trust Interests [Abstract]                                          
Outstanding at beginning of period (in shares)                         5,011     7,118 34,697        
Allowed claims (in shares)                               (1,133) (21,334)        
Disallowed claims (in shares)                               (974) (5,406)        
Outstanding at end of period (in shares)                   7,957       5,011 7,957 5,011 7,957        
Subsequent Event [Member]                                          
Subsequent Event, Additional Information [Abstract]                                          
Allowed claims, distributions paid from restricted cash account | $                         $ 230                
Disallowed or cancelled claims, cash released from restricted cash account | $                         789                
Reduction in distributions payable | $                         789                
Settlement of causes of action | $                         769                
Amount due to liquidation trustee | $ $ 38                       $ 38                
Cash received from DOJ relating to forfeited assets | $   $ 1,883                                      
Subsequent Event [Member] | Single Family Homes [Member]                                          
Subsequent Event, Additional Information [Abstract]                                          
Number of assets sold | Home                         1                
Proceeds from sale of assets | $                         $ 12,950                
Escrow receivables | $ $ 2,500                       $ 2,500                
Subsequent Event [Member] | Single-Family Homes under Development [Member]                                          
Subsequent Event, Additional Information [Abstract]                                          
Number of real estate assets under contract for development | Home 1                       1                
Subsequent Event [Member] | Class A [Member]                                          
Liquidation Trust Interests [Abstract]                                          
Allowed claims (in shares)                         1,600                
5% enhancement for certain allowed claims (in shares)                         0                
Settlement of claims by cancelling Liquidation Trust Interests (in shares)                         (1,011)                
Outstanding at end of period (in shares) 11,514,249                       11,514,249                
Percentage of enhancement for certain allowed claims                         5.00%                
Unresolved Claims, Liquidation Trust Interests [Abstract]                                          
Allowed claims (in shares)                         (1,600)                
Disallowed claims (in shares)                         (12,579)                
Outstanding at end of period (in shares) 124,609                       124,609                
Subsequent Event, Additional Information [Abstract]                                          
Distributions declared | $ $ 30,000                                        
Distributions declared per interest (in dollars per share) | $ / shares $ 2.58                                        
Distributions paid | $ $ 29,400                                        
Deposit made into restricted cash account for distributions | $ $ 600                       $ 600                
Subsequent Event [Member] | Class B [Member]                                          
Liquidation Trust Interests [Abstract]                                          
Allowed claims (in shares)                         0                
5% enhancement for certain allowed claims (in shares)                         0                
Settlement of claims by cancelling Liquidation Trust Interests (in shares)                         (416)                
Outstanding at end of period (in shares) 675,896                       675,896                
Percentage of enhancement for certain allowed claims                         5.00%                
Unresolved Claims, Liquidation Trust Interests [Abstract]                                          
Allowed claims (in shares)                         0                
Disallowed claims (in shares)                         0                
Outstanding at end of period (in shares) 5,011                       5,011                
[1] Escrow holdbacks relating to two single-family homes sold prior to June 30, 2020, respectively; amounts were released upon completion of repairs and construction.