FINANCING RECEIVABLES (Tables)

12 Months Ended

Jun. 30, 2019

Receivables [Abstract]

Institutional Loan Balances and Related Allowances for Credit Losses

The following table details the institutional loan balances along with the related allowances for credit losses (in thousands).

	June 30,
	2019				2018
Gross Institutional Loans			$	47,937			$	54,323
Allowance for Credit Losses:
Balance at July 1	$	(10,003)			$	(9,736)
Charge-offs and Adjustments		10,777				330
Recoveries		(83)				(61)
Additional Provision		(6,980)				(536)
Balance at End of Period				(6,289)				(10,003)
Net Institutional Loans			$	41,648			$	44,320

Credit Risk Profiles of Institutional Student Loan Balances

The following tables detail the credit risk profiles of the institutional loan balances based on payment activity and an aging of past due institutional loans (in thousands).

	June 30,
	2019		2018
Institutional Loans:
Performing	$	38,049	$	44,492
Nonperforming		9,888		9,831
Total Institutional Loans	$	47,937	$	54,323

Institutional Student Loans Past Due

							Greater
			30-59		60-89		Than 90						Total
	1-29 Days		Days Past		Days Past		Days Past		Total				Institutional
	Past Due		Due		Due		Due		Past Due		Current		Loans
Institutional Loans:
June 30, 2019	$	3,578	$	2,458	$	687	$	9,888	$	16,611	$	31,326	$	47,937
June 30, 2018	$	8,473	$	900	$	3,099	$	9,831	$	22,303	$	32,020	$	54,323