FINANCING RECEIVABLES (Tables)

9 Months Ended

Mar. 31, 2017

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 (in thousands).

	March 31, 2017				June 30, 2016				March 31, 2016
Gross Institutional Loans			$	57,947			$	69,825			$	71,915
Allowance for Credit Losses:
Balance at July 1	$	(20,800)			$	(20,630)			$	(20,630)
Charge-offs and Adjustments		16,820				7,388				6,290
Recoveries		(497)				(461)				(141)
Additional Provision		(7,186)				(7,097)				(5,691)
Balance at End of Period				(11,663)				(20,800)				(20,172)
Net Institutional Loans			$	46,284			$	49,025			$	51,743

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 an aging analysis of past due institutional loans (in thousands).

	March 31,		June 30,		March 31,
	2017		2016		2016
Institutional Loans:
Performing	$	47,536	$	50,045	$	52,775
Nonperforming		10,411		19,780		19,140
Total Institutional Loans	$	57,947	$	69,825	$	71,915

Institutional Student Loans Past Due

							Greater
	30-59		60-89		90-119		Than 120						Total
	Days Past		Days Past		Days Past		Days Past		Total				Institutional
	Due		Due		Due		Due		Past Due		Current		Loans
Institutional Loans:
March 31, 2017	$	5,784	$	1,318	$	829	$	10,411	$	18,342	$	39,605	$	57,947
June 30, 2016	$	8,038	$	1,512	$	924	$	19,780	$	30,254	$	39,571	$	69,825
March 31, 2016	$	5,882	$	2,896	$	1,130	$	19,140	$	29,048	$	42,867	$	71,915