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

6 Months Ended

Sep. 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 and six months ended September 30, 2017 and 2016:

	Three months ended September 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, June 30, 2017	$	11,317		$	7,619		$	209		$	19,145
Plus additions to reserves		1,719			4,764			—			6,483
Less liquidation costs incurred:
Trust professionals		(1,387	)		(628	)		—			(2,015	)
Trust governance		(597	)		(450	)		(14	)		(1,061	)
Other administrative expenses		(14	)		(23	)		—			(37	)
Balance, September 30, 2017	$	11,038		$	11,282		$	195		$	22,515

	Six months ended September 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		4,730			4,791			—			9,521
Less liquidation costs incurred:
Trust professionals		(2,210	)		(1,370	)		—			(3,580	)
Trust governance		(1,305	)		(900	)		(30	)		(2,235	)
Other administrative expenses		(28	)		(66	)		—			(94	)
Balance, September 30, 2017	$	11,038		$	11,282		$	195		$	22,515

	Three months ended September 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, June 30, 2016	$	15,027		$	5,368		$	276		$	20,671
Plus additions to reserves		1,666			3,649			—			5,315
Less liquidation costs incurred:
Trust professionals		(618	)		(717	)		—			(1,335	)
Trust governance		(763	)		(450	)		(20	)		(1,233	)
Other administrative expenses		(14	)		(26	)		—			(40	)
Balance, September 30, 2016	$	15,298		$	7,824		$	256		$	23,378

	Six months ended September 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 reserves		1,356			3,687			—			5,043
Less liquidation costs incurred:
Trust professionals		(1,234	)		(1,235	)		—			(2,469	)
Trust governance		(1,519	)		(900	)		(37	)		(2,456	)
Other administrative expenses		(32	)		(107	)		—			(139	)
Balance, September 30, 2016	$	15,298		$	7,824		$	256		$	23,378

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 September 30, 2017 and 2016:

(in thousands)	2017		2016
Balance, beginning of period	$	160	$	17,519
Plus addition to reserves		—		—
Less claims allowed during the period		—		(2,409	)
Less costs incurred by trust professionals		—		(1	)
Balance, end of period	$	160	$	15,109

The following is a summary of the activity in the reserves for Residual Wind-Down Claims for the six months ended September 30, 2017 and 2016:

(in thousands)	2017			2016
Balance, beginning of period	$	966		$	19,957
Plus addition to reserves		8			—
Less claims allowed during the period		(814	)		(4,846	)
Less costs incurred by trust professionals		—			(2	)
Balance, end of period	$	160		$	15,109