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

3 Months Ended

Jun. 30, 2012

Reserves for Expected Costs of Liquidation and Residual Wind-Down Claims [Abstract]

Summary of activity in reserves for expected costs of liquidation

	Three months ended June 30, 2012
(in thousands)	Reserve for Expected Wind Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs		Reserve for Avoidance Action Defense Costs			Reserve for Residual Wind Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, April 1, 2012	$	56,815		$	13,320		$	647	$	1,280		$	4,049		$	76,111
Additions to (reductions in) reserves		(3,241	)		3,961			—		—			—			720
Less liquidation costs incurred (net of reversals):
Trust Professionals		(6,491	)		(1,539	)		—		(40	)		(799	)		(8,869	)
Trust Governance		(1,129	)		(467	)		4		—			—			(1,592	)
Other Administrative Expenses		(20	)		(36	)		—		—			(10	)		(66	)
Balance June 30, 2012	$	45,934		$	15,239		$	651	$	1,240		$	3,240		$	66,304

	Three months ended June 30, 2011
(in thousands)	Reserve for Expected Wind Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs		Reserve for Avoidance Action Defense Costs		Reserve for Residual Wind Down Costs		Total Reserves for Expected Costs of Liquidation
Balance, April 1, 2011	$	—		$	—		$	—	$	—	$	—	$	—
Plus:
Funding for expected costs from MLC		52,734			—			—		—		—		52,734
Additions to reserve		—			5,657			—		—		—		5,657
Less liquidation costs incurred:
Trust Professionals		(8,330	)		(846	)		—		—		—		(9,176	)
Trust Governance		(525	)		—			—		—		—		(525	)
Other Administrative Expenses		(70	)		(78	)		—		—		—		(148	)
Balance June 30, 2011	$	43,809		$	4,733		$	—	$	—	$	—	$	48,542

Summary of the activity in the reserve for Residual Wind-Down Claims

(in thousands)	Reserve for Residual Wind Down Claims
Balance, April 1, 2012	$	32,247
Less payments of claims		(1,132	)
Balance June 30, 2012	$	31,115