XML 35 R26.htm IDEA: XBRL DOCUMENT
v3.6.0.2

FINANCING RECEIVABLES (Tables) | 6 Months Ended
--- | ---
Dec. 31, 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 (in thousands).
|  | December 31, 2016 |  | June 30, 2016 |  | December 31, 2015 |
Gross Institutional Loans |  |  |  |  | $ | 55,782 |  |  |  |  | $ | 69,825 |  |  |  |  | $ | 71,712 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at July 1 |  | $ | (20,800) |  |  |  |  | $ | (20,630) |  |  |  |  | $ | (20,630) |  |  |  |
Charge-offs and Adjustments |  |  | 16,281 |  |  |  |  |  | 7,388 |  |  |  |  |  | 4,856 |  |  |  |
Recoveries |  |  | (438) |  |  |  |  |  | (461) |  |  |  |  |  | (434) |  |  |  |
Additional Provision |  |  | (4,843) |  |  |  |  |  | (7,097) |  |  |  |  |  | (5,957) |  |  |  |
Balance at End of Period |  |  |  |  |  | (9,800) |  |  |  |  |  | (20,800) |  |  |  |  |  | (22,165) |
Net Institutional Loans |  |  |  |  | $ | 45,982 |  |  |  |  | $ | 49,025 |  |  |  |  | $ | 49,547 |
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).
|  | December 31, |  | June 30, |  | December 31, |
|  | 2016 |  | 2016 |  | 2015 |
Institutional Loans: |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 48,010 |  | $ | 50,045 |  | $ | 52,669 |
Nonperforming |  |  | 7,772 |  |  | 19,780 |  |  | 19,043 |
Total Institutional Loans |  | $ | 55,782 |  | $ | 69,825 |  | $ | 71,712 |
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 Loans |
Institutional Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2016 |  | $ | 5,863 |  | $ | 2,998 |  | $ | 1,917 |  | $ | 7,772 |  | $ | 18,550 |  | $ | 37,232 |  | $ | 55,782 |
June 30, 2016 |  | $ | 8,038 |  | $ | 1,512 |  | $ | 924 |  | $ | 19,780 |  | $ | 30,254 |  | $ | 39,571 |  | $ | 69,825 |
December 31, 2015 |  | $ | 6,303 |  | $ | 2,004 |  | $ | 1,623 |  | $ | 19,043 |  | $ | 28,973 |  | $ | 42,739 |  | $ | 71,712 |

X
- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables that are past due but not impaired, financing receivables that are 90 days past due and still accruing, and financing receivables on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=66008989&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=66008989&loc=SL6953401-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration