FINANCING RECEIVABLES (Tables)

3 Months Ended

Sep. 30, 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).

	September 30, 2019				June 30, 2019				September 30, 2018
Gross Institutional Loans			$	47,673			$	47,937			$	48,936
Allowance for Credit Losses:
Balance at July 1	$	(6,289)			$	(10,003)			$	(10,003)
Charge-offs and Adjustments		26				10,777				5,355
Recoveries		(24)				(83)				(32)
Additional Provision		(3,291)				(6,980)				(2,462)
Balance at End of Period				(9,578)				(6,289)				(7,142)
Net Institutional Loans			$	38,095			$	41,648			$	41,794

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).

	September 30,		June 30,		September 30,
	2019		2019		2018
Institutional Loans:
Performing	$	36,712	$	38,049	$	41,963
Nonperforming		10,961		9,888		6,973
Total Institutional Loans	$	47,673	$	47,937	$	48,936

Institutional Student Loans Past Due

							Greater
			30-59		60-89		Than 90						Total
	1-29 Days		Days Past		Days Past		Days Past		Total				Institutional
	Past Due		Due		Due		Due		Past Due		Current		Loans
Institutional Loans:
September 30, 2019	$	3,317	$	1,342	$	526	$	10,961	$	16,146	$	31,527	$	47,673
June 30, 2019	$	3,578	$	2,458	$	687	$	9,888	$	16,611	$	31,326	$	47,937
September 30, 2018	$	6,437	$	757	$	752	$	6,973	$	14,919	$	34,017	$	48,936