Accrued Liquidation Costs (Tables)

9 Months Ended

Mar. 31, 2023

Accrued Liquidation Costs [Abstract]

Summary of Accrued Liquidation Costs

The following is a summary of the items included in accrued liquidation costs as of March 31, 2023, with comparative information as of June 30, 2022 ($ in thousands) (unaudited):

	March 31, 2023			June 30, 2022
Development costs:
Construction warranty	$	4,553		$	4,184
Construction costs		628			4,331
Indirect costs		29			170
Bond refunds		(389	)		(506	)
Total development costs		4,821			8,179
Holding costs:
Maintenance, utilities and other		27			428
Property tax		8			771
Insurance (refund)		(11	)		388
Total holding costs		24			1,587
General and administrative costs:
Legal and other professional fees		14,320			12,377
Directors and officers insurance		3,442			2,508
Payroll and payroll-related		3,112			7,989
Board fees and expenses		810			630
State, local and other taxes		135			331
Other		411			936
Total general and administrative costs		22,230			24,771
Total accrued liquidation costs	$	27,075		$	34,537