FINANCING RECEIVABLES (Tables)

9 Months Ended

Mar. 31, 2019

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, 2019						June 30, 2018						March 31, 2018
Gross Institutional Loans				$	47,259					$	54,323					$	51,389
Allowance for Credit Losses:
Balance at July 1	$	(10,003	)				$	(9,736	)				$	(9,736	)
Charge-offs and Adjustments		9,965						330						206
Recoveries		(73	)					(61	)					(51	)
Additional Provision		(4,571	)					(536	)					(162	)
Balance at End of Period					(4,682	)					(10,003	)					(9,743	)
Net Institutional Loans				$	42,577					$	44,320					$	41,646

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):

	March 31,		June 30,		March 31,
	2019		2018		2018
Institutional Loans:
Performing	$	42,716	$	44,492	$	42,048
Nonperforming		4,543		9,831		9,341
Total Institutional Loans	$	47,259	$	54,323	$	51,389

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:
March 31, 2019	$	4,092	$	4,412	$	4,125	$	4,543	$	17,172	$	30,087	$	47,259
June 30, 2018	$	8,473	$	900	$	3,099	$	9,831	$	22,303	$	32,020	$	54,323
March 31, 2018	$	8,903	$	464	$	175	$	9,341	$	18,883	$	32,506	$	51,389