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Net Change In Assets and Liabilities
 9 Months Ended
Mar. 31, 2023
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 provides details of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2023 ($ in thousands) (unaudited):

    Cash     Remeasure-        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
-
    
$
-
    
$
-
  
Cash and cash equivalents     -       -       -  
Restricted cash
     75       -       75  
Other assets
     (77 )     (25 )     (102 )
Total assets
  
$
(2
)
  
$
(25
)
  
$
(27
)
                         
Accounts payable and accrued liabilities
   $ -    
$
6
    
$
6
  
Accrued liquidation costs
     (8 )     -       (8 )
Total liabilities
  
$
(8
)
  
$
6
    
$
(2
)
                         
Change in carrying value of assets and liabilities, net
  
$
6
    
$
(31
)
  
$
(25
)

The following provides details of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2022 ($ in thousands) (unaudited):

    Cash     Remeasure-        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
-
    
$
-
    
$
-
  
Cash and cash equivalents     -       -       -  
Restricted cash
     111       -       111  
Other assets
     (120 )     -       (120 )
Total assets
  
$
(9
)
  
$
-
    
$
(9
)
                         
Accounts payable and accrued liabilities
   $ -    
$
-
    
$
-
  
Accrued liquidation costs
     (9 )     -       (9 )
Total liabilities
  
$
(9
)
  
$
-
    
$
(9
)
                         
Change in carrying value of assets and liabilities, net
  
$
-
    
$
-
    
$
-
  

The following provides details of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2023 ($ in thousands) (unaudited):

   
Cash
    
Remeasure-
        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
-
    
$
-
    
$
-
  
Cash and cash equivalents
    
-
      
-
      
-
  
Restricted cash
    
775
      
-
      
775
  
Other assets
    
(793
)
    
(25
)
    
(818
)
Total assets
  
$
(18
)
  
$
(25
)
  
$
(43
)
                         
Accounts payable and accrued liabilities
  
$
-
    
$
6
    
$
6
  
Accrued liquidation costs
    
(22
)
    
-
      
(22
)
Total liabilities
  
$
(22
)
  
$
6
    
$
(16
)
                         
Change in carrying value of assets and liabilities, net
  
$
4
    
$
(31
)
  
$
(27
)


The following provides details of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2022 ($ in thousands) (unaudited):


   
Cash
    
Remeasure-
        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
-
    
$
-
    
$
-
  
Cash and cash equivalents
    
-
      
-
      
-
  
Restricted cash
    
481
      
-
      
481
  
Other assets
    
(526
)
    
36
      
(490
)
Total assets
  
$
(45
)
  
$
36
    
$
(9
)
                         
Accounts payable and accrued liabilities
  
$
-
    
$
-
    
$
-
  
Accrued liquidation costs
    
(45
)
    
-
      
(45
)
Total liabilities
  
$
(45
)
  
$
-
    
$
(45
)
                         
Change in carrying value of assets and liabilities, net
  
$
-
    
$
36
    
$
36
  

All Interestholders

The following provides details of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2023 ($ in thousands) (unaudited):

    Cash     Remeasure-        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
(25,410
)
  
$
(1,843
)
  
$
(27,253
)
Cash and cash equivalents
     23,123       -
       23,123  
Restricted cash
    
15
      
-
      
15
  
Other assets
    
(70
)
     120
       50  
Total assets
  
$
(2,342
)
  
$
(1,723
)
  
$
(4,065
)
                         
Accounts payable and accrued liabilities
  
$
(191
)
  
$
427
    
$
236
  
Accrued liquidation costs
    
(2,273
)
    
7,159
      
4,886
  
Total liabilities
  
$
(2,464
)
  
$
7,586
    
$
5,122
  
                         
Change in carrying value of assets and liabilities, net
  
$
122
    
$
(9,309
)
  
$
(9,187
)

The following provides details of the distributions (declared) reversed, net during the three months ended March 31, 2023 ($ in thousands) (unaudited):

Distributions declared
  
$
(14
)
Distributions reversed
     20
  
Distributions (declared) reversed, net
  
$
6

Distributions payable did not change during the three months ended March 31, 2023.

The following provides details of the change in the carrying value of assets and liabilities, net during the three months ended March 31, 2022 ($ in thousands) (unaudited):

    Cash     Remeasure-        

 
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
(736
)
  
$
9,870
    
$
9,134
  
Cash and cash equivalents    
19,910
      
-
      
19,910
  
Restricted cash
    
-
      
-
      
-
  
Other assets
    
(24,991
)
    
20
      
(24,971
)
Total assets
  
$
(5,817
)
  
$
9,890
    
$
4,073
  
                         
Accounts payable and accrued liabilities
  
$
-
    
$
79
    
$
79
  
Accrued liquidation costs
    
(6,500
)
    
2,228
      
(4,272
)
Total liabilities
  
$
(6,500
)
  
$
2,307
    
$
(4,193
)
                         
Change in carrying value of assets and liabilities, net
  
$
683
    
$
7,583
    
$
8,266
  

The following provides details of the distributions (declared) reversed, net during the three months ended March 31, 2022 ($ in thousands) (unaudited):

Distributions declared
  
$
(39,981
)
Distributions reversed
     472
  
Distributions (declared) reversed, net
  
$
(39,509
)

Distributions payable decreased by approximately $137,000 during the three months ended March 31, 2022.

The following provides details of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2023 ($ in thousands) (unaudited):

   
Cash
    
Remeasure-
        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
(25,432
)
  
$
(1,442
)
  
$
(26,874
)
Cash and cash equivalents    
16,584
      
-
      
16,584
  
Restricted cash
    
16
      
-
      
16
  
Other assets
    
(3,913
)
     11       (3,902 )
Total assets
  
$
(12,745
)
  
$
(1,431
)
  
$
(14,176
)
                         
Accounts payable and accrued liabilities
  
$
(224
)
  
$
554
    
$
330
  
Accrued liquidation costs
    
(13,347
)
    
5,907
      
(7,440
)
Total liabilities
  
$
(13,571
)
  
$
6,461
    
$
(7,110
)
                         
Change in carrying value of assets and liabilities, net
  
$
826
    
$
(7,892
)
  
$
(7,066
)

The following provides details of the distributions (declared) reversed, net during the nine months ended March 31, 2023 ($ in thousands) (unaudited):

Distributions declared
  
$
(14
)
Distributions reversed
     2,658
  
Distributions (declared) reversed, net
  
$
2,644

Distributions payable decreased by approximately $67,547,000 during the nine months ended March 31, 2023.

The following provides details of the change in the carrying value of assets and liabilities, net during the nine months ended March 31, 2022 ($ in thousands) (unaudited):

    Cash     Remeasure-        
   
Activities
    
ment
    
Total
  
                   
Real estate assets held for sale, net
  
$
(64,437
)
  
$
18,124
    
$
(46,313
)
Cash and cash equivalents    
68,260
      
-
      
68,260
  
Restricted cash
    
-
      
-
      
-
  
Other assets
    
(25,998
)
    
26,745
      
747
  
Total assets
  
$
(22,175
)
  
$
44,869
    
$
22,694
  
                         
Accounts payable and accrued liabilities
  
$
(184
)
  
$
1,390
    
$
1,206
  
Accrued liquidation costs
    
(23,712
)
    
(722
)
    
(24,434
)
Total liabilities
  
$
(23,896
)
  
$
668
    
$
(23,228
)
                         
Change in carrying value of assets and liabilities, net
  
$
1,721
    
$
44,201
    
$
45,922
  

The following provides details of the distributions (declared) reversed, net during the nine months ended March 31, 2022 ($ in thousands) (unaudited):

Distributions declared
  
$
(79,997
)
Distributions reversed
     761
  
Distributions (declared) reversed, net
  
$
(79,236
)

Distributions payable increased by approximately $344,000 during the nine months ended March 31, 2022.