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Mortgage Loans Held For Investment And Related Assets (Tables)
 9 Months Ended
Jan. 31, 2016
Mortgage Loans Held For Investment And Related Assets [Abstract]  
Schedule Of Mortgage Loan Portfolio
The composition of our mortgage loan portfolio is as follows:
(dollars in 000s)
 
As of
 
January 31, 2016
 
January 31, 2015
 
April 30, 2015
 
 
Amount

 
% of Total

 
Amount

 
% of Total

 
Amount

 
% of Total

Adjustable-rate loans
 
$
113,617

 
52
%
 
$
135,481

 
54
%
 
$
130,182

 
53
%
Fixed-rate loans
 
103,632

 
48
%
 
117,484

 
46
%
 
115,034

 
47
%
 
 
217,249

 
100
%
 
252,965

 
100
%
 
245,216

 
100
%
Unamortized deferred fees and costs
 
1,788

 
 
 
2,073

 
 
 
2,008

 
 
Less: Allowance for loan losses
 
(6,931
)
 
 
 
(9,375
)
 
 
 
(7,886
)
 
 
 
 
$
212,106

 
 
 
$
245,663

 
 
 
$
239,338

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule Of Allowance For Loan Losses
Activity in the allowance for loan losses for the nine months ended January 31, 2016 and 2015 is as follows:
(in 000s)
 
Nine months ended January 31,
 
2016

 
2015

Balance at beginning of the period
 
$
7,886

 
$
11,272

Provision
 
(528
)
 
1,090

Recoveries
 
1,721

 
1,155

Charge-offs
 
(2,148
)
 
(4,142
)
Balance at end of the period
 
$
6,931

 
$
9,375

 
 
 
 
 
Schedule Of Past Due Mortgage Loans
Detail of the aging of the mortgage loans in our portfolio as of January 31, 2016 is as follows:
(in 000s)
 
 
 
Less than 60
Days Past Due

 
60 – 89 Days
Past Due

 
90+ Days
Past Due(1)

 
Total
Past Due

 
Current

 
Total

Purchased from SCC
 
$
9,148

 
$
440

 
$
43,428

 
$
53,016

 
$
76,493

 
$
129,509

All other
 
2,649

 
51

 
6,306

 
9,006

 
78,734

 
87,740

 
 
$
11,797

 
$
491

 
$
49,734

 
$
62,022

 
$
155,227

 
$
217,249

 
 
 
 
 
 
 
 
 
 
 
 
 
(1) 
We do not accrue interest on loans past due 90 days or more.