4.	Liquidating Distributions

Liquidating distributions in the three months ended June 30, 2016 consisted of the following:


(in thousands)	Fair Value
Distributions during the three months ended June 30, 2016	$	98
Less: Liquidating distributions payable at March 31, 2016		(6,213	)
Add: Liquidating distributions payable at June 30, 2016		7,028

Total	$	913

The distributions during the three months ended June 30, 2016 consisted of distributions to holders of Allowed General Unsecured Claims who previously failed to fulfill informational requirements for distribution established in accordance with the GUC Trust Agreement, but subsequently successfully fulfilled such information requirements.

The GUC Trust was obligated at June 30, 2016 to distribute Distributable Cash of $7.0 million to the following: (1) holders of GUC Trust Units for excess distributions payable, (2) certain holders of Allowed General Unsecured Claims who had not then satisfied certain informational requirements necessary to receive these securities and (3) holders of certain Term Loan Avoidance Action Claims as described in Note 3.