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

9 Months Ended

Dec. 31, 2018

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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 nine months ended December 31, 2018 and 2017:

	Three months ended December 31, 2018
(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, September 30, 2018	$	26,927		$	14,847		$	123		$	41,897
Plus addition to (reduction in) reserves		(479	)		1,334			—			855
Less liquidation costs incurred:
Trust professionals		(488	)		(528	)		—			(1,016	)
Trust governance		(616	)		(451	)		10			(1,057	)
Other administrative expenses		(39	)		(81	)		—			(120	)
Balance, December 31, 2018	$	25,305		$	15,121		$	133		$	40,559
	Nine months ended December 31, 2018
(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, 2018	$	25,204		$	12,739		$	144		$	38,087
Plus additions to reserves		3,944			5,490			—			9,434
Less liquidation costs incurred:
Trust professionals		(1,655	)		(1,600	)		—			(3,255	)
Trust governance		(2,082	)		(1,352	)		(11	)		(3,445	)
Other administrative expenses		(106	)		(156	)		—			(262	)
Balance, December 31, 2018	$	25,305		$	15,121		$	133		$	40,559

	Three months ended December 31, 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, September 30, 2017	$	11,038		$	11,282		$	195		$	22,515
Plus addition to (reduction in) reserves		6,307			(159	)		—			6,148
Less liquidation costs incurred:
Trust professionals		(3,432	)		(647	)		—			(4,079	)
Trust governance		(598	)		(450	)		(30	)		(1,078	)
Other administrative expenses		(10	)		(75	)		—			(85	)
Balance, December 31, 2017	$	13,305		$	9,951		$	165		$	23,421
	Nine months ended December 31, 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		11,037			4,631			—			15,668
Less liquidation costs incurred:
Trust professionals		(5,643	)		(2,018	)		—			(7,661	)
Trust governance		(1,903	)		(1,350	)		(60	)		(3,313	)
Other administrative expenses		(37	)		(139	)		—			(176	)
Balance, December 31, 2017	$	13,305		$	9,951		$	165		$	23,421

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 December 31, 2018 and 2017:

(in thousands)	2018		2017
Balance, beginning of period	$	169	$	160
Plus additions to reserves		—		—
Less claims allowed during the period		—		—
Balance, end of period	$	169	$	160

The following is a summary of the activity in the reserves for Residual Wind-Down Claims and Costs for the nine months ended December 31, 2018 and 2017:

(in thousands)	2018		2017
Balance, beginning of period	$	169	$	966
Plus net addition to reserves		—		9
Less claims allowed during the period		—		(815	)
Balance, end of period	$	169	$	160