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

3 Months Ended

Jun. 30, 2014

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Summary of Activity in Reserves for Expected Costs of Liquidation

The following is a summary of the activity in the reserves for expected costs of liquidation for the three months ended June 30, 2014 and 2013:

	Three months ended June 30, 2014
(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, March 31, 2014	$	22,529		$	12,235		$	464		$	—	$	1,258		$	36,486
Plus additions to (reductions in) reserves		2,437			(593	)		—			—		—			1,844
Less liquidation costs incurred:
Trust Professionals		(1,526	)		(585	)		—			—		(20	)		(2,131	)
Trust Governance		(917	)		(453	)		(18	)		—		—			(1,388	)
Other Administrative Expenses		(10	)		(121	)		—			—		—			(131	)
Balance, June 30, 2014	$	22,513		$	10,483		$	446		$	—	$	1,238		$	34,680

	Three months ended June 30, 2013
(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, March 31, 2013	$	38,043		$	20,442		$	499		$	898		$	1,631		$	61,513
Plus additions to (reductions in) reserves		141			(1,819	)		—			—			—			(1,678	)
Less liquidation costs incurred:
Trust Professionals		(3,604	)		(685	)		—			(138	)		(237	)		(4,664	)
Trust Governance		(973	)		(449	)		(8	)		—			—			(1,430	)
Other Administrative Expenses		(13	)		(127	)		—			—			—			(140	)
Balance, June 30, 2013	$	33,594		$	17,362		$	491		$	760		$	1,394		$	53,601

Summary of Activity in Reserves for Residual Wind-Down Claims

The following is a summary of the activity in the reserves for Residual Wind-Down Claims for the three months ended June 30, 2014 and 2013:

(in thousands)	2014			2013
Balance, beginning of period	$	28,698		$	30,855
Less claims allowed during the period		(363	)		(1,163	)
Balance, end of period	$	28,335		$	29,692