Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2016

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Summary of Financial Assets Measured at Fair Value on Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at June 30, 2016:

	Fair Value Measurements
	June 30, 2016		Level 1		Level 2		Level 3
Assets:
Certificates of deposit	$	30,075	$	—	$	30,075	$	—
Total	$	30,075	$	—	$	30,075	$	—

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis at June 30, 2015:

	Fair Value Measurements
	June 30, 2015		Level 1		Level 2		Level 3
Assets:
Certificates of deposit	$	30,000	$	—	$	30,000	$	—
Total	$	30,000	$	—	$	30,000	$	—