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FINANCING RECEIVABLES (Tables) | 6 Months Ended
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Dec. 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).
|  | December 31, 2017 |  | June 30, 2017 |  | December 31, 2016 |
Gross Institutional Loans |  |  |  |  | $ | 57,397 |  |  |  |  | $ | 57,391 |  |  |  |  | $ | 54,070 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at July 1 |  | $ | (11,632) |  |  |  |  | $ | (7,915) |  |  |  |  | $ | (7,915) |  |  |  |
Charge-offs and Adjustments |  |  | 1,024 |  |  |  |  |  | 4,722 |  |  |  |  |  | 3,054 |  |  |  |
Recoveries |  |  | (148) |  |  |  |  |  | (573) |  |  |  |  |  | (438) |  |  |  |
Additional Provision |  |  | (2,361) |  |  |  |  |  | (7,866) |  |  |  |  |  | (4,240) |  |  |  |
Balance at End of Period |  |  |  |  |  | (13,117) |  |  |  |  |  | (11,632) |  |  |  |  |  | (9,539) |
Net Institutional Loans |  |  |  |  | $ | 44,280 |  |  |  |  | $ | 45,759 |  |  |  |  | $ | 44,531 |
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).
|  | December 31, |  | June 30, |  | December 31, |
|  | 2017 |  | 2017 |  | 2016 |
Institutional Loans: |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 45,495 |  | $ | 47,072 |  | $ | 46,559 |
Nonperforming |  |  | 11,902 |  |  | 10,319 |  |  | 7,511 |
Total Institutional Loans |  | $ | 57,397 |  | $ | 57,391 |  | $ | 54,070 |
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: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2017 |  | $ | 8,569 |  | $ | 1,021 |  | $ | 1,166 |  | $ | 11,902 |  | $ | 22,658 |  | $ | 34,739 |  | $ | 57,397 |
June 30, 2017 |  | $ | 7,162 |  | $ | 2,192 |  | $ | 583 |  | $ | 10,319 |  | $ | 20,256 |  | $ | 37,135 |  | $ | 57,391 |
December 31, 2016 |  | $ | 5,657 |  | $ | 2,904 |  | $ | 1,762 |  | $ | 7,511 |  | $ | 17,834 |  | $ | 36,236 |  | $ | 54,070 |

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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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