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

12 Months Ended

Mar. 31, 2017

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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 years ended March 31, 2017, 2016 and 2015:

(in thousands)	Reserve for Expected Wind- Down Costs			Reserve for Expected Reporting Costs			Reserve for Indenture Trustee/ Fiscal and Paying Agent Costs			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2014	$	22,529		$	12,235		$	464		$	35,228
Plus additions to reserves		8,962			413			—			9,375
Less liquidation costs incurred:
Trust Professionals		(6,834	)		(1,870	)		—			(8,704	)
Trust Governance		(3,537	)		(1,801	)		(100	)		(5,438	)
Other Administrative Expenses		(31	)		(375	)		—			(406	)
Balance, March 31, 2015		21,089			8,602			364			30,055
Plus additions to reserves		5,592			2,119			—			7,711
Less liquidation costs incurred:
Trust Professionals		(5,625	)		(2,291	)		—			(7,916	)
Trust Governance		(3,438	)		(1,800	)		(71	)		(5,309	)
Other Administrative Expenses		(891	)		(251	)		—			(1,142	)
Balance, March 31, 2016		16,727			6,379			293			23,399
Plus additions to reserves		5,325			6,798			—			12,123
Less liquidation costs incurred:
Trust Professionals		(3,295	)		(2,294	)		—			(5,589	)
Trust Governance		(2,848	)		(1,800	)		(68	)		(4,716	)
Other Administrative Expenses		(58	)		(256	)		—			(314	)
Less funds returned to DIP Lenders		(6,000	)		—			—			(6,000	)
Balance, March 31, 2017	$	9,851		$	8,827		$	225		$	18,903

Summary of Activity in Reserves for Residual Wind-Down Claims and Costs

The following is a summary of the activity in the reserves for Residual Wind-Down Claims and Costs for the years ended March 31, 2017, 2016 and 2015:

(in thousands)	2017			2016			2015
Balance, beginning of year	$	19,957		$	26,629		$	29,956
Plus net addition to reserves		237			—			—
Plus reclassification of accrued liability		417			—			—
Less claims allowed during the period		(19,641	)		(6,661	)		(3,292	)
Less costs incurred by trust professionals		(4	)		(11	)		(35	)
Balance, end of year	$	966		$	19,957		$	26,629