The late Michael Jackson’s estate has made $310 million since the singer died in June 2009, reports TMZ.com.

However, according to accounts filed yesterday, Jackson was $400 million in debt when he passed away.

The documents also show that executors have spent $159 million so far paying back various debts, as well as supporting Jackson’s mother and three children. Concert promoter AEG, to whom Jackson was contracted prior to his death, were owed an additional $40 million in liabilities.

Watch the trailer for ‘This Is It,’ the Jackson farewell concert series that never happened, here: