Fair Value (Tables)

9 Months Ended

Mar. 31, 2020

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

At March 31, 2020 and June 30, 2019, our assets and liabilities measured at fair value on a recurring basis were as follows:



	March 31, 2020								June 30, 2019
	Fair Value Measurements Using Input Types								Fair Value Measurements Using Input Types
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in thousands)
Assets
Money market funds (cash and cash equivalents)	$	1,319	$	—	$	—	$	1,319	$	2,807	$	—	$	—	$	2,807
Available for sale securities - Debt
Government - U.S. treasury securities	—		9,170		—		9,170		—		7,479		—		7,479
Total assets	$	1,319	$	9,170	$	—	$	10,489	$	2,807	$	7,479	$	—	$	10,286
Liabilities
Short-term derivative interest rate swap	$	—	$	1,404	$	—	$	1,404	$	—	$	37	$	—	$	37
Long-term derivative interest rate swap	$	—	$	3,471	$	—	$	3,471	$	—	$	1,248	$	—	$	1,248
Total liabilities	$	—	$	4,875	$	—	$	4,875	$	—	$	1,285	$	—	$	1,285

Schedule of Marketable Securities by Major Security Type

The table below presents information regarding our marketable securities by major security type as of March 31, 2020 and June 30, 2019.



	March 31, 2020						June 30, 2019
	Held to Maturity		Available for Sale		Total		Held to Maturity		Available for Sale		Total
	(in thousands)
Marketable securities:
Government and other debt securities	$	54	$	9,170	$	9,224	$	62	$	7,479	$	7,541
Total marketable securities	$	54	$	9,170	$	9,224	$	62	$	7,479	$	7,541

Summary of Estimated Fair Value of Our Investments in Available for Sale Marketable Securities Classified

The following table summarizes the estimated fair value of our investments in available for sale marketable securities classified by the contractual maturity date of the securities:



	March 31, 2020
	(in thousands)
Due within 1 year	$	9,170
Due in 1 year through 5 years	—
Total	$	9,170

Summary of Gross Unrealized Losses and Fair Values of Available for Sale Investments

The following table presents the aggregate fair values and gross unrealized losses for those available for sale investments that were in an unrealized loss position as of March 31, 2020 and June 30, 2019, respectively, aggregated by investment category and the length of time that individual securities have been in a continuous loss position:



	At March 31, 2020				At June 30, 2019
	Less than 12 Months
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
	(in thousands)
Government - U.S. treasury securities	$	—	$	—	$	800	$	(1	)
Total	$	—	$	—	$	800	$	(1	)