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FINANCING RECEIVABLES (Tables) | 9 Months Ended
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Mar. 31, 2018
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, 2018 |  | June 30, 2017 |  | March 31, 2017 |
Gross Institutional Loans |  |  |  |  | $ | 58,771 |  |  |  |  | $ | 57,391 |  |  |  |  | $ | 56,045 |
Allowance for Credit Losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at July 1 |  | $ | (11,632) |  |  |  |  | $ | (7,915) |  |  |  |  | $ | (7,915) |  |  |  |
Charge-offs and Adjustments |  |  | 1,769 |  |  |  |  |  | 4,722 |  |  |  |  |  | 3,593 |  |  |  |
Recoveries |  |  | (217) |  |  |  |  |  | (573) |  |  |  |  |  | (497) |  |  |  |
Additional Provision |  |  | (1,453) |  |  |  |  |  | (7,866) |  |  |  |  |  | (6,470) |  |  |  |
Balance at End of Period |  |  |  |  |  | (11,533) |  |  |  |  |  | (11,632) |  |  |  |  |  | (11,289) |
Net Institutional Loans |  |  |  |  | $ | 47,238 |  |  |  |  | $ | 45,759 |  |  |  |  | $ | 44,756 |
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).
|  | March 31, |  | June 30, |  | March 31, |
|  | 2018 |  | 2017 |  | 2017 |
Institutional Loans: |  |  |  |  |  |  |  |  |  |
Performing |  | $ | 48,570 |  | $ | 47,072 |  | $ | 46,008 |
Nonperforming |  |  | 10,201 |  |  | 10,319 |  |  | 10,037 |
Total Institutional Loans |  | $ | 58,771 |  | $ | 57,391 |  | $ | 56,045 |
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: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
March 31, 2018 |  | $ | 9,838 |  | $ | 1,059 |  | $ | 456 |  | $ | 10,201 |  | $ | 21,554 |  | $ | 37,217 |  | $ | 58,771 |
June 30, 2017 |  | $ | 7,162 |  | $ | 2,192 |  | $ | 583 |  | $ | 10,319 |  | $ | 20,256 |  | $ | 37,135 |  | $ | 57,391 |
March 31, 2017 |  | $ | 5,534 |  | $ | 1,227 |  | $ | 799 |  | $ | 10,037 |  | $ | 17,597 |  | $ | 38,448 |  | $ | 56,045 |

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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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