Reserves for Expected Costs of Liquidation and Residual Wind-Down Claims (Tables)

6 Months Ended

Sep. 30, 2016

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Summary of Activity in Reserves for Expected Costs of Liquidation

The following is a summary of the activity in the reserves for expected costs of liquidation for the three and six months ended September 30, 2016 and 2015:

	Three months ended September 30, 2016
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, June 30, 2016	$	15,027		$	5,368		$	276		$	1,211		$	21,882
Plus additions to reserves		1,666			3,649			—			—			5,315
Less liquidation costs incurred:
Trust professionals		(618	)		(717	)		—			(1	)		(1,336	)
Trust governance		(763	)		(450	)		(20	)		—			(1,233	)
Other administrative expenses		(14	)		(26	)		—			—			(40	)
Balance, September 30, 2016	$	15,298		$	7,824		$	256		$	1,210		$	24,588
	Six months ended September 30, 2016
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2016	$	16,727		$	6,379		$	293		$	1,212		$	24,611
Plus additions to reserves		1,356			3,687			—			—			5,043
Less liquidation costs incurred:
Trust professionals		(1,234	)		(1,235	)		—			(2	)		(2,471	)
Trust governance		(1,519	)		(900	)		(37	)		—			(2,456	)
Other administrative expenses		(32	)		(107	)		—			—			(139	)
Balance, September 30, 2016	$	15,298		$	7,824		$	256		$	1,210		$	24,588
	Three months ended September 30, 2015
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, June 30, 2015	$	20,344		$	8,206		$	347		$	1,221		$	30,118
Plus additions to reserves		5,748			2,219			—			—			7,967
Less liquidation costs incurred:
Trust professionals		(2,017	)		(740	)		—			(2	)		(2,759	)
Trust governance		(1,041	)		(450	)		(18	)		—			(1,509	)
Other administrative expenses		(858	)		(57	)		—			—			(915	)
Balance, September 30, 2015	$	22,176		$	9,178		$	329		$	1,219		$	32,902

	Six months ended September 30, 2015
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2015	$	21,089		$	8,602		$	364		$	1,223		$	31,278
Plus additions to reserves		7,195			3,103			—			—			10,298
Less liquidation costs incurred:
Trust professionals		(3,381	)		(1,494	)		—			(4	)		(4,879	)
Trust governance		(1,859	)		(900	)		(35	)		—			(2,794	)
Other administrative expenses		(868	)		(133	)		—			—			(1,001	)
Balance, September 30, 2015	$	22,176		$	9,178		$	329		$	1,219		$	32,902

Summary of Activity in Reserves for Residual Wind-Down Claims

The following is a summary of the activity in the reserves for Residual Wind-Down Claims for the three months ended September 30, 2016 and 2015:

(in thousands)	2016			2015
Balance, beginning of period	$	16,308		$	23,840
Less claims allowed during the period		(2,409	)		(2,349	)
Balance, end of period	$	13,899		$	21,491

The following is a summary of the activity in the reserves for Residual Wind-Down Claims for the six months ended September 30, 2016 and 2015:

(in thousands)	2016			2015
Balance, beginning of period	$	18,745		$	25,406
Less claims allowed during the period		(4,846	)		(3,915	)
Balance, end of period	$	13,899		$	21,491