Other Assets

9 Months Ended

Mar. 31, 2023

5)	Other Assets

The Company’s other assets as of March 31, 2023, with comparative information as of June 30, 2022, are as follows ($ in thousands) (unaudited):

	March 31, 2023		June 30, 2022

Forfeited Assets (Note 7)	$	440	$	1,258
Settlement installment receivables, net ^(a)		305		756
Escrow receivables ^(b)		170		3,420
Other		190		391
Total other assets	$	1,105	$	5,825

(a) The allowance for uncollectible settlement installment receivables was approximately $63,000 and $7,000 as of March 31, 2023 and June 30, 2022, respectively.

(b) Escrow receivables as of March 31, 2023 relate to one single-family home that was sold during the nine months ended March 31, 2023 and one single-family home that was sold during the year ended June 30, 2022. Escrow receivables as of June 30, 2022 relate to two single-family homes that were sold during the year ended June 30, 2022 and one single-family home sold prior to June 30, 2021. Amounts are typically released upon the completion of punch list items and/or obtaining a certificate of occupancy. In some cases, escrow receivable amounts may be used to pay for the cost of completing punch list items.