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COMMITMENTS (Tables)
9 Months Ended
Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Summary Of Weighted average Discount Rate For Finance And Operating Leases
Information regarding the weighted-average remaining lease term and the weighted-average discount rate for operating leases are summarized below:
 
 
 
March 31, 2018
 
 
June 30, 2017
 
Weighted-average remaining lease term (in years)
 
 
 
 
 
 
 
 
Operating leases
 
 
6.24
 
 
 
2.37
 
Weighted-average discount rate
 
 
 
 
 
 
 
 
Operating leases
 
 
5.0
%
 
 
5.0
%
Schedule Of Future Minimum Rental Payments For Operating Leases
The table below reconciles the undiscounted cash flows for the first five years and total of the remaining years to the operating lease liabilities recorded in the condensed consolidated balance sheet as of March 31, 2018:
 
2018
 
$
61,679
 
2019
 
 
248,148
 
2020
 
 
210,260
 
2021
 
 
172,317
 
2022
 
 
174,873
 
Thereafter
 
 
463,275
 
Total undiscounted lease payments
 
 
1,330,552
 
Present value adjustment
 
 
(195,378)
 
Net operating lease liabilities
 
$
1,135,174