FINANCING RECEIVABLES (Tables)

3 Months Ended

Sep. 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 September 30, 2015 and 2014 (in thousands).

	As of September 30,
	2015				2014
Gross Institutional Student Loans			$	71,774			$	67,174
Allowance for Credit Losses
Balance at Beginning of Period	$	(20,630)			$	(19,868)
Charge-offs		1,726				1,714
Recoveries		(189)				(269)
Additional Provision		(3,939)				(2,668)
Balance at End of Period				(23,032)				(21,091)
Net Institutional Student Loans			$	48,742			$	46,083

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 September 30, 2015 and 2014 (in thousands).

	As of September 30,
	2015		2014
Institutional Student Loans:
Performing	$	55,467	$	49,952
Nonperforming		16,307		17,222
Total Institutional Student Loans	$	71,774	$	67,174

Institutional Student Loans Past Due

							Greater						Total
	30-59		60-89		90-119		Than 120						Institutional
	Days Past		Days Past		Days Past		Days Past		Total				Student
	Due		Due		Due		Due		Past Due		Current		Loans
Institutional Student Loans:
September 30, 2015	$	5,193	$	2,602	$	2,503	$	16,307	$	26,605	$	45,169	$	71,774
September 30, 2014	$	5,136	$	2,171	$	1,426	$	17,222	$	25,955	$	41,219	$	67,174