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FINANCING RECEIVABLES (Tables) | 9 Months Ended
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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 |

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- 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
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- 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
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- 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
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