FINANCING RECEIVABLES (Tables)

6 Months Ended

Dec. 31, 2017

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).

	December 31, 2017				June 30, 2017				December 31, 2016
Gross Institutional Loans			$	57,397			$	57,391			$	54,070
Allowance for Credit Losses:
Balance at July 1	$	(11,632)			$	(7,915)			$	(7,915)
Charge-offs and Adjustments		1,024				4,722				3,054
Recoveries		(148)				(573)				(438)
Additional Provision		(2,361)				(7,866)				(4,240)
Balance at End of Period				(13,117)				(11,632)				(9,539)
Net Institutional Loans			$	44,280			$	45,759			$	44,531

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 of past due institutional loans (in thousands).

	December 31,		June 30,		December 31,
	2017		2017		2016
Institutional Loans:
Performing	$	45,495	$	47,072	$	46,559
Nonperforming		11,902		10,319		7,511
Total Institutional Loans	$	57,397	$	57,391	$	54,070

Institutional Student Loans Past Due

	1-29 Days Past Due		30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current		Total Institutional Loans
Institutional Loans:
December 31, 2017	$	8,569	$	1,021	$	1,166	$	11,902	$	22,658	$	34,739	$	57,397
June 30, 2017	$	7,162	$	2,192	$	583	$	10,319	$	20,256	$	37,135	$	57,391
December 31, 2016	$	5,657	$	2,904	$	1,762	$	7,511	$	17,834	$	36,236	$	54,070