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

6 Months Ended

Sep. 30, 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 three and six months ended September 30, 2019 and 2018:

	Three months ended September 30, 2019
(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, 2019	$	19,221		$	11,714		$	102		$	31,037
Plus additions to reserves		23,578			7,939			—			31,517
Less liquidation costs incurred:
Trust professionals		(1,092	)		(594	)		—			(1,686	)
Trust governance		(616	)		(450	)		(4	)		(1,070	)
Other administrative expenses		(26	)		(13	)		—			(39	)
Balance, September 30, 2019	$	41,065		$	18,596		$	98		$	59,759

	Six months ended September 30, 2019
(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, 2019	$	23,379		$	13,996		$	110		$	37,485
Plus net additions to reserves		20,723			6,781			—			27,504
Less liquidation costs incurred:
Trust professionals		(1,742	)		(1,206	)		—			(2,948	)
Trust governance		(1,237	)		(900	)		(12	)		(2,149	)
Other administrative expenses		(58	)		(75	)		—			(133	)
Balance, September 30, 2019	$	41,065		$	18,596		$	98		$	59,759
	Three months ended September 30, 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, June 30, 2018	$	20,659		$	9,547		$	134		$	30,340
Plus additions to reserves		6,824			6,229			—			13,053
Less liquidation costs (incurred) reversed, net:
Trust professionals		90			(458	)		—			(368	)
Trust governance		(619	)		(451	)		(11	)		(1,081	)
Other administrative expenses		(27	)		(20	)		—			(47	)
Balance, September 30, 2018	$	26,927		$	14,847		$	123		$	41,897
	Six months ended September 30, 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 net additions to reserves		4,423			4,156			—			8,579
Less liquidation costs incurred:
Trust professionals		(1,167	)		(1,072	)		—			(2,239	)
Trust governance		(1,466	)		(901	)		(21	)		(2,388	)
Other administrative expenses		(67	)		(75	)		—			(142	)
Balance, September 30, 2018	$	26,927		$	14,847		$	123		$	41,897