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FINANCING RECEIVABLES (Tables) | 3 Months Ended
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Sep. 30, 2019
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, 2019 | ​ | June 30, 2019 | ​ | September 30, 2018
Gross Institutional Loans |  | ​ | ​ |  | $ | 47,673 |  | ​ | ​ |  | $ | 47,937 |  | ​ | ​ |  | $ | 48,936
Allowance for Credit Losses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at July 1 |  | $ | (6,289) | ​ | ​ | ​ |  | $ | (10,003) | ​ | ​ | ​ |  | $ | (10,003) | ​ | ​ | ​
Charge-offs and Adjustments | ​ | ​ | 26 | ​ | ​ | ​ | ​ | ​ | 10,777 | ​ | ​ | ​ | ​ | ​ | 5,355 | ​ | ​ | ​
Recoveries | ​ | ​ | (24) | ​ | ​ | ​ | ​ | ​ | (83) | ​ | ​ | ​ | ​ | ​ | (32) | ​ | ​ | ​
Additional Provision | ​ | ​ | (3,291) | ​ | ​ | ​ | ​ | ​ | (6,980) | ​ | ​ | ​ | ​ | ​ | (2,462) | ​ | ​ | ​
Balance at End of Period | ​ | ​ | ​ | ​ | ​ | (9,578) | ​ | ​ | ​ | ​ | ​ | (6,289) | ​ | ​ | ​ | ​ | ​ | (7,142)
Net Institutional Loans | ​ | ​ | ​ |  | $ | 38,095 | ​ | ​ | ​ |  | $ | 41,648 | ​ | ​ | ​ |  | $ | 41,794
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). ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | June 30, | ​ | September 30,
​ |  | 2019 |  | 2019 |  | 2018
Institutional Loans: |  | ​ |  | ​ | ​ |  |  | ​ |
Performing | ​ | $ | 36,712 | ​ | $ | 38,049 | ​ | $ | 41,963
Nonperforming | ​ |  | 10,961 | ​ |  | 9,888 | ​ |  | 6,973
Total Institutional Loans | ​ | $ | 47,673 | ​ | $ | 47,937 | ​ | $ | 48,936
Institutional Student Loans Past Due | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | Greater |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | 30-59 | ​ | 60-89 | ​ | Than 90 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | 1-29 Days | ​ | Days Past | ​ | Days Past | ​ | Days Past | ​ | Total | ​ | ​ | ​ | ​ | Institutional
​ | ​ | Past Due | ​ | Due | ​ | Due | ​ | Due | ​ | Past Due | ​ | Current | ​ | Loans
Institutional Loans: | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
September 30, 2019 | ​ | $ | 3,317 | ​ | $ | 1,342 | ​ | $ | 526 | ​ | $ | 10,961 | ​ | $ | 16,146 | ​ | $ | 31,527 | ​ | $ | 47,673
June 30, 2019 | ​ | $ | 3,578 | ​ | $ | 2,458 | ​ | $ | 687 | ​ | $ | 9,888 | ​ | $ | 16,611 | ​ | $ | 31,326 | ​ | $ | 47,937
September 30, 2018 | ​ | $ | 6,437 | ​ | $ | 757 | ​ | $ | 752 | ​ | $ | 6,973 | ​ | $ | 14,919 | ​ | $ | 34,017 | ​ | $ | 48,936

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953659-111524 + Details
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- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=118936363&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=118955255&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=118936363&loc=d3e5111-111524 + Details
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