Net Assets in Liquidation (Tables)

12 Months Ended

Mar. 31, 2017

Text Block [Abstract]

Schedule of Cash and Cash Equivalent and Marketable Securities

As of March 31, 2017 and 2016, cash and cash equivalents and marketable securities aggregated $526.8 million and $665.5 million and are comprised of the following:

(in thousands)
	2017		2016
Distributable Cash (including associated Dividend Cash)	$	498,549	$	620,866
Residual Wind-Down Assets		11,713		22,003
Other Administrative Cash		14,541		13,533
Administrative Fund		1,743		8,226
Funds for Indenture Trustee/Fiscal Paying Agent Costs		226		311
Other		—		594
Total	$	526,772	$	665,533

Schedule of GUC Trust Units

The following table presents the changes during the years ended March 31, 2017, 2016 and 2015 in the numbers of GUC Trust Units outstanding or which the GUC Trust was obligated to issue:

	Year Ended March 31, 2017		Year Ended March 31, 2016		Year Ended March 31, 2015
Outstanding or issuable at beginning of year		31,853,758		31,853,702		31,853,702
Issued during the year		298		56		10,326
Less: Issuable at beginning of year		—		—		(10,326	)
Add: Issuable at end of year (1)		47		—		—
Outstanding or issuable at end of year (2) (3)		31,854,103		31,853,758		31,853,702

(1) The number of GUC Trust Units issuable at any time represents GUC Trust Units issuable in respect of Allowed General Unsecured Claims that were newly allowed during the fiscal year.

(2) The number of GUC Trust Units outstanding at any time represents GUC Trust Units issued in respect of Allowed General Unsecured Claims that were allowed in prior periods, including GUC Trust Units held by the GUC Trust for the benefit of (a) holders of Allowed General Unsecured Claims who had not yet supplied information required by the GUC Trust in order to effect the initial distribution to which they are entitled and (b) governmental entities that are precluded by applicable law from receiving distributions of GUC Trust Units.

(3) The number of GUC Trust Units outstanding or issuable at end of year does not equal the amount of Allowed General Unsecured Claims on a 1 to 1,000 basis at the corresponding date because of additional GUC Trust Units that were issued due to rounding.

Allowed and Disputed General Unsecured Claims and Potential Term Loan Avoidance Action Claims

The following table presents a summary of activity with respect to the Allowed and Disputed General Unsecured Claims and Term Loan Avoidance Action Claims for the years ended March 31, 2017 and 2016:

(in thousands)	Allowed General Unsecured Claims		Disputed General Unsecured Claims			Term Loan Avoidance Action Claims			Maximum Amount of Unresolved Claims (1)			Total Claim Amount (2)
Total, March 31, 2015	$	31,853,630	$	70,000		$	1,500,000		$	1,570,000		$	33,423,630
New Allowed General Unsecured Claims		55		—			—			—			55
Term Loan Avoidance Action Claims resolved or disallowed		—		—			(55	)		(55	)		(55	)
Total, March 31, 2016		31,853,685		70,000			1,499,945			1,569,945			33,423,630
New Allowed General Unsecured Claims		346		—			—			—			346
Disputed General Unsecured Claims resolved or disallowed		—		(20,000	)		—			(20,000	)		(20,000	)
Term Loan Avoidance Action Claims resolved or disallowed		—		—			(741	)		(741	)		(741	)
Total, March 31, 2017	$	31,854,031	$	50,000		$	1,499,204		$	1,549,204		$	33,403,235

(1) Maximum Amount of Unresolved Claims represents the sum of Disputed General Unsecured Claims and Term Loan Avoidance Action Claims.

(2) Total Claim Amount represents the sum of Allowed General Unsecured Claims and Maximum Amount of Unresolved Claims.