Income Taxes (Tables)

12 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Summary of Deferred Taxes

Deferred taxes in the accompanying Statement of Net Assets in Liquidation as of March 31, 2020 and 2019 are comprised of the following components:

(in thousands)	2020			2019
Deferred tax assets:
Reserves for expected costs of liquidation and Residual Wind-Down Claims and Costs	$	6,989		$	13,932
Net operating and capital loss carryovers		52,007			52,150
Gross deferred tax assets		58,996			66,082
Less: Valuation allowance		(58,701	)		(54,740	)
Deferred tax asset, net of valuation allowance		295			11,342
Deferred tax liabilities:
Accrued investment income		(295	)		(11,342	)
Gross deferred tax liabilities		(295	)		(11,342	)
Net deferred taxes	$	—		$	—