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Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents information about the GUC Trust’s assets and liabilities measured at fair value on a recurring basis as of June 30, 2019 and March 31, 2019, and the valuation techniques used by the GUC Trust to determine those fair values.
 
  
June 30, 2019
 
(in thousands)
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
                
Cash Equivalents:
                
Money market funds
 $56  $  $  $56 
Marketable Securities:
                
U.S. Treasury bills
     503,315      503,315 
  
 
 
  
 
 
  
 
 
  
 
 
 
Total Assets
 $56  $503,315  $  $503,371 
  
 
 
  
 
 
  
 
 
  
 
 
 
Liabilities:
                
Liquidating distributions payable
 $1,785  $  $  $1,785 
  
 
 
  
 
 
  
 
 
  
 
 
 
 
  
March 31, 2019
 
(in thousands)
 
Level 1
  
Level 2
  
Level 3
  
Total
 
Assets:
                
Cash equivalents:
                
Money market funds
 $34  $  $  $34 
Marketable Securities:
                
U.S. Treasury bills
     503,228      503,228 
  
 
 
  
 
 
  
 
 
  
 
 
 
Total Assets
 $34  $503,228  $  $503,262 
  
 
 
  
 
 
  
 
 
  
 
 
 
Liabilities:
                
Liquidating distributions payable
 $1,785  $  $  $1,785