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

6 Months Ended

Sep. 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 September 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, July 1, 2012	$	45,934		$	15,239		$	651		$	1,240		$	3,240		$	66,304
Plus increase in reserves		4,265			413			—			—			—			4,678
Less liquidation costs incurred:
Trust Professionals		(5,848	)		(517	)		—			(145	)		(1,102	)		(7,612	)
Trust Governance		(1,077	)		(465	)		(79	)		—			—			(1,621	)
Other Administrative Expenses		(13	)		(73	)		—			—			—			(86	)
Balance, September 30, 2012	$	43,261		$	14,597		$	572		$	1,095		$	2,138		$	61,663

	Six months ended September 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
Plus increase in reserves		1,024			4,374			—			—			—			5,398
Less liquidation costs incurred:
Trust Professionals		(12,339	)		(2,056	)		—			(185	)		(1,901	)		(16,481	)
Trust Governance		(2,206	)		(932	)		(75	)		—			—			(3,213	)
Other Administrative Expenses		(33	)		(109	)		—			—			(10	)		(152	)
Balance, September 30, 2012	$	43,261		$	14,597		$	572		$	1,095		$	2,138		$	61,663
	Three months ended September 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, July 1, 2011	$	43,809		$	4,733		$	—		$	—		$	—		$	48,542
Less liquidation costs incurred:
Trust Professionals		(5,045	)		(2,077	)		—			—			—			(7,122	)
Trust Governance		(502	)		—			—			—			—			(502	)
Other Administrative Expenses		(50	)		(60	)		—			—			—			(110	)
Balance, September 30, 2011	$	38,212		$	2,596		$	—		$	—		$	—		$	40,808

	Six months ended September 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		(13,375	)		(2,923	)		—		—		—		(16,298	)
Trust Governance		(1,027	)		—			—		—		—		(1,027	)
Other Administrative Expenses		(120	)		(138	)		—		—		—		(258	)
Balance, September 30, 2011	$	38,212		$	2,596		$	—	$	—	$	—	$	40,808

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

(in thousands)	Three Months Ended September 30, 2012			Six Months Ended September 30, 2012
Balance, beginning of period	$	31,115		$	32,247
Less payments of claims		(142	)		(1,274	)
Balance, September 30, 2012	$	30,973		$	30,973