FINANCING RECEIVABLES (Tables)

3 Months Ended

Sep. 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 September 30, 2016 and 2015 (in thousands).

	As of September 30,
	2016				2015
Gross Institutional Loans			$	71,669			$	71,774
Allowance for Credit Losses:
Balance at July 1	$	(20,800)			$	(20,630)
Charge-offs and Adjustments		2,513				1,726
Recoveries		(316)				(189)
Additional Provision		(2,854)				(3,939)
Balance at End of Period				(21,457)				(23,032)
Net Institutional Loans			$	50,212			$	48,742

Credit Risk Profiles of Institutional Student Loan Balances

The following tables detail the credit risk profiles of the institutional loan balances based on payment activity and provide an aging analysis of past due institutional loans as of September 30, 2016 and 2015 (in thousands).

	As of September 30,
	2016		2015
Institutional Loans:
Performing	$	51,234	$	55,467
Nonperforming		20,435		16,307
Total Institutional Loans	$	71,669	$	71,774

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 Loans:
September 30, 2016	$	7,892	$	2,680	$	1,782	$	20,435	$	32,789	$	38,880	$	71,669
September 30, 2015	$	5,193	$	2,602	$	2,503	$	16,307	$	26,605	$	45,169	$	71,774