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

3 Months Ended

Jun. 30, 2016

The following is a summary of the activity in the reserves for expected costs of liquidation for the three months ended June 30, 2016 and 2015:


	Three months ended June 30, 2016
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2016	$	16,727		$	6,379		$	293		$	1,212		$	24,611
Plus additions to (reductions in) reserves		(310	)		38			—			—			(272	)
Less liquidation costs incurred:
Trust professionals		(616	)		(518	)		—			(1	)		(1,135	)
Trust governance		(756	)		(450	)		(17	)		—			(1,223	)
Other administrative expenses		(18	)		(81	)		—			—			(99	)

Balance, June 30, 2016	$	15,027		$	5,368		$	276		$	1,211		$	21,882


	Three months ended June 30, 2015
(in thousands)	Reserve for Expected Wind-Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/Fiscal and Paying Agent Costs			Reserve for Residual Wind-Down Costs			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2015	$	21,089		$	8,602		$	364		$	1,223		$	31,278
Plus additions to reserves		1,447			884			—			—			2,331
Less liquidation costs incurred:
Trust professionals		(1,364	)		(754	)		—			(2	)		(2,120	)
Trust governance		(818	)		(450	)		(17	)		—			(1,285	)
Other administrative expenses		(10	)		(76	)		—			—			(86	)

Balance, June 30, 2015	$	20,344		$	8,206		$	347		$	1,221		$	30,118

The following is a summary of the activity in the reserves for Residual Wind-Down Claims for the three months ended June 30, 2016 and 2015:


(in thousands)	2016			2015
Balance, beginning of period	$	18,745		$	25,406
Less claims allowed during the period		(2,437	)		(1,566	)

Balance, end of period	$	16,308		$	23,840