FINANCING RECEIVABLES (Tables)

12 Months Ended

Jun. 30, 2016

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, 2016 and 2015 (in thousands).

	As of June 30,
	2016				2015
Gross Institutional Student Loans			$	69,825			$	70,345
Allowance for Credit Losses
Balance at Beginning of Period	$	(20,630)			$	(19,868)
Charge-offs and Adjustments		7,388				10,061
Recoveries		(461)				(1,125)
Additional Provision		(7,097)				(9,698)
Balance at End of Period				(20,800)				(20,630)
Net Institutional Student Loans			$	49,025			$	49,715

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, 2016 and 2015 (in thousands).

	As of June 30,
	2016		2015
Institutional Student Loans:
Performing	$	50,045	$	51,855
Nonperforming		19,780		18,490
Total Institutional Student Loans	$	69,825	$	70,345

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, 2016	$	8,038	$	1,512	$	924	$	19,780	$	30,254	$	39,571	$	69,825
June 30, 2015	$	6,163	$	1,761	$	1,527	$	18,490	$	27,941	$	42,404	$	70,345