Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2020

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 and March 31, 2020, and the valuation techniques used by the GUC Trust to determine those fair values.

	June 30, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	95	$	—	$	—	$	95
Marketable Securities:
U.S. Treasury bills		—		130,013		—		130,013
Total Assets	$	95	$	130,013	$	—	$	130,108
Liabilities:
Liquidating distributions payable	$	54,314	$	—	$	—	$	54,314

	March 31, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	40,413	$	—	$	—		40,413
Marketable Securities:
U.S. Treasury bills		—		392,777		—		392,777
Total Assets	$	40,413	$	392,777	$	—	$	433,190
Liabilities:
Liquidating distributions payable	$	351,876	$	—	$	—	$	351,876