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

12 Months Ended

Mar. 31, 2019

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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, 2019, 2018 and 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, 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
Plus additions to reserves		25,351			8,597			—			33,948
Less liquidation costs incurred:
Trust Professionals		(7,424	)		(2,669	)		—			(10,093	)
Trust Governance		(2,523	)		(1,800	)		(81	)		(4,404	)
Other Administrative Expenses		(51	)		(216	)		—			(267	)
Balance, March 31, 2018		25,204			12,739			144			38,087
Plus additions to reserves		4,122			5,389			—			9,511
Less liquidation costs incurred:
Trust Professionals		(3,125	)		(2,113	)		—			(5,238	)
Trust Governance		(2,695	)		(1,801	)		(34	)		(4,530	)
Other Administrative Expenses		(127	)		(218	)		—			(345	)
Balance, March 31, 2019	$	23,379		$	13,996		$	110		$	37,485

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, 2019, 2018 and 2017:

(in thousands)	2019		2018			2017
Balance, beginning of year	$	169	$	966		$	19,957
Plus net addition to reserves		—		9			237
Plus reclassification of accrued liability		—		9			417
Less claims allowed during the period		—		(815	)		(19,641	)
Less costs incurred by trust professionals		—		—			(4	)
Balance, end of year	$	169	$	169		$	966