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

9 Months Ended

Dec. 31, 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 December 31, 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, October 1, 2012	$	43,261		$	14,597		$	572		$	1,095		$	2,138		$	61,663
Plus additions to reserves		6,776			6,787			—			—			—			13,563
Less liquidation costs incurred:
Trust Professionals		(3,669	)		(326	)		—			(28	)		(342	)		(4,365	)
Trust Governance		(1,044	)		(482	)		(61	)		—			—			(1,587	)
Other Administrative Expenses		(13	)		(118	)		—			—			—			(131	)
Balance, December 31, 2012	$	45,311		$	20,458		$	511		$	1,067		$	1,796		$	69,143

	Nine months ended December 31, 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 additions to reserves		7,800			11,161			—			—			—			18,961
Less liquidation costs incurred:
Trust Professionals		(16,008	)		(2,382	)		—			(213	)		(2,243	)		(20,846	)
Trust Governance		(3,250	)		(1,414	)		(136	)		—			—			(4,800	)
Other Administrative Expenses		(46	)		(227	)		—			—			(10	)		(283	)
Balance, December 31, 2012	$	45,311		$	20,458		$	511		$	1,067		$	1,796		$	69,143

	Three months ended December 31, 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, October 1, 2011	$	38,212		$	2,596		$	—		$	—	$	—		$	40,808
Plus:
Funding for expected costs from MLC		—			—			1,365			1,358		7,555			10,278
Additions to reserves		32,432			4,780			—			—		—			37,212
Less liquidation costs incurred:
Trust Professionals		(5,157	)		(1,597	)		—			—		(1,014	)		(7,768	)
Trust Governance		(729	)		—			(699	)		—		—			(1,428	)
Other Administrative Expenses		(33	)		(25	)		—			—		—			(58	)
Balance, December 31, 2011	$	64,725		$	5,754		$	666		$	1,358	$	6,541		$	79,044

	Nine months ended December 31, 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			—			1,365			1,358		7,555			63,012
Additions to reserves		32,432			10,437			—			—		—			42,869
Less liquidation costs incurred:
Trust Professionals		(18,532	)		(4,520	)		—			—		(1,014	)		(24,066	)
Trust Governance		(1,756	)		—			(699	)		—		—			(2,455	)
Other Administrative Expenses		(153	)		(163	)		—			—		—			(316	)
Balance, December 31, 2011	$	64,725		$	5,754		$	666		$	1,358	$	6,541		$	79,044

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

(in thousands)	Three Months Ended December 31, 2012			Nine Months Ended December 31, 2012
Balance, beginning of period	$	30,973		$	32,247
Less payments of claims		(68	)		(1,342	)
Balance, December 31, 2012	$	30,905		$	30,905