Operating leases (Tables)

6 Months Ended

Dec. 31, 2020

Quantitative Data Related to Operating Leases

The following includes quantitative data related to the Company’s operating leases as of December 31, and June 30, 2020, and for the three and six months ended December 31, 2020 and 2019:

(In thousands, except weighted-average information).
Operating lease amounts:	December 31, 2020		June 30, 2020
Right-of-use assets	$	2,043	$	1,575
Lease liabilities	$	2,063	$	1,587

	Three months ended December 31,		Three months ended December 31,
	2020		2019
(In thousands)
Other information:
Operating outgoing cash flows from operating leases	$	86	$	78
Right-of-use assets obtained in exchange for new operating lease liabilities	$	625	$	1,840

Lease costs:
Operating lease cost	$	81	$	70142
Variable lease cost	$	10	$	20

	Six months ended December 31,		Six months ended December 31,
	2020		2019
(In thousands)
Other information:
Operating outgoing cash flows from operating leases	$	173	$	155
Right-of-use assets obtained in exchange for new operating lease liabilities	$	625	$	1,840

Lease costs:
Operating lease cost	$	161	$	142
Variable lease cost	$	20	$	20

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 common area maintenance charges and real estate taxes, as of December 31, 2020:

(in thousands)
Within the twelve months ended December 31,
2021	$	338
2022		291
2023		273
2024		283
2025		274
Thereafter		783
Total undiscounted cash flow		2,242
Less net present value adjustment		(179	)
Lease Liability	$	2,063

Weighted-average remaining lease term (Years)		6.18
Weighted-average discount rate		2.22	%