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Commitments and Contingencies (Tables)
12 Months Ended
Jun. 30, 2020
Commitments and Contingencies  
Summary of cash payments against operating lease liabilities

Supplemental balance sheet information related to operating leases was as follows:

 

 

 

 

Weighted-average remaining lease term

    

72

years 

Weighted-average discount rate

 

3.55

%

 

Schedule of maturities of lease liabilities

The following is a schedule, by years, of maturities of lease liabilities as of June 30, 2020 (in thousands):

 

 

 

 

Year Ending June 30, 

    

Amount

2021

 

$

282

2022

 

 

272

2023

 

 

263

2024

 

 

254

2025

 

 

245

Thereafter

 

 

6,079

Total

 

$

7,395

 

Summary of future minimum lease payments for operating leases

As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting standard, undiscounted future minimum lease payments for operating leases having initial or remaining non-cancellable lease terms in excess of one year are as follows (in thousands):

 

 

 

 

Year Ending June 30,

    

Amount

2020

 

$

315

2021

 

 

314

2022

 

 

311

2023

 

 

297

2024

 

 

288

Thereafter

 

 

19,536

Total

 

$

21,061