FINANCING RECEIVABLES (Tables)

12 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Institutional Loan Balances and Related Allowances for Credit Losses

The following table details the institutional loan balances along with the related allowances for credit losses as of June 30, 2015 and 2014 (dollars in thousands).

	As of June 30,
	2015				2014
Gross Institutional Student Loans			$	70,345			$	66,005
Allowance for Credit Losses
Balance at Beginning of Period	$	(19,868)			$	(18,897)
Charge-offs		10,061				8,907
Recoveries		(1,125)				(719)
Additional Provision		(9,698)				(9,159)
Balance at End of Period				(20,630)				(19,868)
Net Institutional Student Loans			$	49,715			$	46,137

Credit Risk Profiles of Institutional Student Loan Balances

The following tables detail the credit risk profiles of the institutional student loan balances based on payment activity and provide an aging analysis of past due institutional student loans as of June 30, 2015 and 2014 (dollars in thousands).

	As of June 30,
	2015		2014
Institutional Student Loans:
Performing	$	51,855	$	50,701
Nonperforming		18,490		15,304
Total Institutional Student Loans	$	70,345	$	66,005

Institutional Student Loans Past Due

	30-59 Days Past Due		60-89 Days Past Due		90-119 Days Past Due		Greater Than 120 Days Past Due		Total Past Due		Current		Total Institutional Student Loans
Institutional Student Loans:
June 30, 2015	$	6,163	$	1,761	$	1,527	$	18,490	$	27,941	$	42,404	$	70,345
June 30, 2014	$	4,179	$	1,836	$	2,463	$	15,304	$	23,782	$	42,223	$	66,005