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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net (loss) income from continuing operations $ 2,519 $ 20,190
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 566 589
Stock-based compensation 1,330 1,410
Unrealized gain on investments (4,589) (35,172)
Realized loss on investments 101 19,727
Gain on sale of controlling interest in subsidiary   (10,524)
Non-cash interest and amortization of capitalized issuance costs 1,146 1,176
Deferred tax expense   4
Change in fair value of contingent consideration 36 60
Other non-cash (income) expense, net (81) 227
Adjustments to reconcile net income to net cash used in operating activities of Consolidated Funds:    
Purchases of investments (3,630)  
Sales of investments 10 1,558
Amortization (2)  
Net realized and unrealized (gains) losses on investments (114) 16
Changes in operating assets and liabilities:    
Receivables from managed funds (184) (169)
Prepaid and other assets (2,182) (183)
Real estate under development (3,222)  
Operating leases (17) 11
Related party payables (1,217)  
Accounts payable, accrued expenses and other liabilities (232) (1,227)
Changes in operating assets and liabilities of Consolidated Funds:    
Cash and cash equivalents (10,055)  
Other assets (92) 746
Accrued expenses and other liabilities   (11)
Net cash used in provided by operating activities - continuing operations (19,909) (1,572)
Net cash provided by operating activities - discontinued operations   2,916
Net cash (used in) provided by operating activities (19,909) 1,344
Cash flows from investing activities:    
Purchases of investments in held-to-maturity securities (34,292)  
Proceeds from settlement of held-to-maturity securities 30,000  
Investments in portfolio funds (295) (3,000)
Purchases of investments in trading securities (4,476)  
Sales of investments 1,793  
Proceeds from sale of controlling interest in subsidiary, net of cash sold   17,735
Other (458) (30)
Net cash (used in) provided by investing activities - continuing operations (7,728) 14,705
Net cash used in investing activities - discontinued operations (360) (4,051)
Net cash (used in) provided by investing activities (8,088) 10,654
Cash flows from financing activities:    
Principal payments on long term debt   (18,409)
Contributions to non-controlling interests in Consolidated Funds 6,900  
Distributions to non-controlling interests in Consolidated Funds   (634)
Net cash provided by (used in) financing activities - continuing operations 6,900 (19,043)
Net cash provided by financing activities - discontinued operations   641
Net cash provided by (used in) financing activities 6,900 (18,402)
Net decrease in cash and cash equivalents, including cash and cash equivalents classified within current assets held for sale (21,097) (6,404)
Less: net increase in cash and cash equivalents classified within current assets held for sale   (494)
Plus: cash received from (used in) discontinued operations   2,600
Net decrease in cash and cash equivalents (21,097) (3,310)
Cash and cash equivalents at beginning of period 60,165 22,281
Cash and cash equivalents at end of period 39,068 18,971
Cash paid for interest 982 2,751
Non-cash investing and financing activities    
Lease liabilities and right of use assets arising from operating leases   167
Partial settlement of Seller Note in exchange for GECC stock   2,609
Non-cash distributions received from Consolidated Funds   $ 177
Non-cash contribution to Consolidated Funds $ 389