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

3 Months Ended

Jun. 30, 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 three months ended June 30, 2017 and 2016:

	Three months ended June 30, 2017
(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, 2017	$	9,851		$	8,827		$	225		$	18,903
Plus additions to reserves		3,011			26			—			3,037
Less liquidation costs incurred:
Trust professionals		(823	)		(742	)		—			(1,565	)
Trust governance		(708	)		(450	)		(16	)		(1,174	)
Other administrative expenses		(14	)		(42	)		—			(56	)
Balance, June 30, 2017	$	11,317		$	7,619		$	209		$	19,145

	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			Total Reserves for Expected Costs of Liquidation
Balance, March 31, 2016	$	16,727		$	6,379		$	293		$	23,399
Plus additions to (reductions in) reserves		(310	)		38			—			(272	)
Less liquidation costs incurred:
Trust professionals		(616	)		(518	)		—			(1,134	)
Trust governance		(756	)		(450	)		(17	)		(1,223	)
Other administrative expenses		(18	)		(81	)		—			(99	)
Balance, June 30, 2016	$	15,027		$	5,368		$	276		$	20,671

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 three months ended June 30, 2017 and 2016:

(in thousands)	2017			2016
Balance, beginning of period	$	966		$	19,957
Plus addition to reserves		9			—
Less claims allowed during the period		(815	)		(2,437	)
Less costs incurred by trust professionals		(—	)		(1	)
Balance, end of period	$	160		$	17,519