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FINANCING RECEIVABLES (Tables) | 3 Months Ended
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Sep. 30, 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).
|  | September 30, 2017 |  | June 30, 2017 |  | September 30, 2016 |
Gross Institutional Loans |  |  |  |  | $ | 59,788 |  |  |  |  | $ | 59,489 |  |  |  |  | $ | 71,669 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at July 1 |  | $ | (12,071) |  |  |  |  | $ | (20,800) |  |  |  |  | $ | (20,800) |  |  |  |
Charge-offs and Adjustments |  |  | 651 |  |  |  |  |  | 17,949 |  |  |  |  |  | 2,513 |  |  |  |
Recoveries |  |  | (44) |  |  |  |  |  | (573) |  |  |  |  |  | (316) |  |  |  |
Additional Provision |  |  | (1,499) |  |  |  |  |  | (8,647) |  |  |  |  |  | (2,854) |  |  |  |
Balance at End of Period |  |  |  |  |  | (12,963) |  |  |  |  |  | (12,071) |  |  |  |  |  | (21,457) |
Net Institutional Loans |  |  |  |  | $ | 46,825 |  |  |  |  | $ | 47,418 |  |  |  |  | $ | 50,212 |
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).
|  | September 30, |  | June 30, |  | September 30, |
|  | 2017 |  | 2017 |  | 2016 |
Institutional Loans: |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 48,131 |  | $ | 48,731 |  | $ | 51,234 |
Nonperforming |  |  | 11,657 |  |  | 10,758 |  |  | 20,435 |
Total Institutional Loans |  | $ | 59,788 |  | $ | 59,489 |  | $ | 71,669 |
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: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2017 |  | $ | 7,536 |  | $ | 2,068 |  | $ | 1,266 |  | $ | 11,657 |  | $ | 22,527 |  | $ | 37,261 |  | $ | 59,788 |
June 30, 2017 |  | $ | 7,538 |  | $ | 2,234 |  | $ | 651 |  | $ | 10,758 |  | $ | 21,181 |  | $ | 38,308 |  | $ | 59,489 |
September 30, 2016 |  | $ | 7,892 |  | $ | 2,680 |  | $ | 1,782 |  | $ | 20,435 |  | $ | 32,789 |  | $ | 38,880 |  | $ | 71,669 |

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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=84173941&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=82894031&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=84173941&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=84173941&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=84173941&loc=SL6953401-111524 + Details
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