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Income Taxes (Tables)
6 Months Ended
Sep. 30, 2016
Income Tax Disclosure [Abstract]  
Summary of Deferred Taxes

Deferred taxes in the accompanying Condensed Statement of Net Assets in Liquidation at September 30, 2016 are comprised of the following components:

 


Deferred tax assets:

  

Reserves for expected costs of liquidation

   $ 11,462   

Net operating and capital loss carryovers

     116,045   
  

 

 

 

Gross deferred tax assets

     127,507   

Less: Valuation allowance

     (126,959
  

 

 

 

Deferred tax asset, net of valuation allowance

     548   

Deferred tax liabilities:

  

Accrued investment income

     (548
  

 

 

 

Gross deferred tax liabilities

     (548
  

 

 

 

Net deferred taxes

   $ —