Operating leases (Tables)

3 Months Ended

Sep. 30, 2019

Quantitative Data Related to Operating Leases

The following includes quantitative data related to the Company’s operating leases as of September 30, 2019:

(In thousands, except weighted-average information).
Right-of-use assets	$	1,770
Lease liabilities	$	1,773

Operating lease cost	$	72
Variable lease cost	$	10
Operating outgoing cash flows from operating leases	$	78
Right-of-use assets obtained in exchange for new operating lease liabilities	$	1,840
Weighted-average remaining lease term (Years)		7.8
Weighted-average discount rate		2.50	%

Undiscounted Cash Flows of Operating Lease Liabilities

The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges as of September 30, 2019:

(in thousands)
Within the twelve months ended September 30,
2020	$	288
2021		283
2022		245
2023		205
2024		218
Thereafter		722
Total undiscounted cash flow		1,961
Less net present value adjustment		(188	)
Lease Liability	$	1,773