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Investments
6 Months Ended
Dec. 31, 2018
Investments [Abstract]  
Investments
4.
Investments
 
Fixed Maturity and Equity Securities Investments
 
The following tables provide information relating to investments in fixed maturity and equity securities:
 
December 31, 2018
 
Cost
 
 
Unrealized

Gains
 
 
Unrealized

Losses
 
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock
 
$
6,175
 
 
$
230
 
 
$
(1,719
)
 
$
4,686
 
Common stock warrants
 
 
288
 
 
 
-
 
 
 
(274
)
 
 
14
 
Mutual funds
 
 
946
 
 
 
90
 
 
 
-
 
 
 
1,036
 
Total equity securities
 
$
7,409
 
 
$
320
 
 
$
(1,993
)
 
$
5,736
 
 
 
 
Amortized

Cost
 
 
Unrealized

Gains
 
 
Unrealized

Losses
 
 
Fair Value
 
Fixed maturity securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate debt
 
$
16,920
 
 
$
-
 
 
$
(4,381
)
 
$
12,539
 
Total fixed maturity securities
 
$
16,920
 
 
$
-
 
 
$
(4,381
)
 
$
12,539
 
 
Fixed maturity debt securities are
classified as “available for sale,” and
as such, adjustments to fair value are recorded within other comprehensive income on the consolidated balance sheet as unrealized gains and losses. Upon our adoption of ASU 2016-01, effective July 1, 2018, changes in fair value of equity securities are recorded within the consolidated statement of operations as a net realized gain (loss) on investments. During the three months ended December 31, 2018, we recorded a $1,529 unrealized loss on investments within our consolidated statement of operations as a fair value adjustment to our equity securities investments. During the six months ended December 31, 2018, we recorded a $1,986 unrealized loss on investments within our consolidated statement of operations as a fair value adjustment to our equity securities investments, and we recorded a $201 realized gain on the sale of debt and equity securities, as reported within our consolidated statement of operations.
 
June 30, 2018
 
Cost
 
 
Unrealized

Gains
 
 
Unrealized

Losses
 
 
Fair Value
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common stock
 
$
5,239
 
 
$
491
 
 
$
(193
)
 
$
5,537
 
Common stock warrants
 
 
288
 
 
 
-
 
 
 
(5
)
 
 
283
 
Mutual funds
 
 
789
 
 
 
20
 
 
 
-
 
 
 
809
 
Total equity securities
 
$
6,316
 
 
$
511
 
 
$
(198
)
 
$
6,629
 
 
 
 
Amortized

Cost
 
 
Unrealized

Gains
 
 
Unrealized

Losses
 
 
Fair Value
 
Fixed maturity securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
$
3,294
 
 
$
-
 
 
$
-
 
 
$
3,294
 
Corporate debt
 
 
11,778
 
 
 
11
 
 
 
(1,702
)
 
 
10,087
 
Total fixed maturity securities
 
$
15,072
 
 
$
11
 
 
$
(1,702
)
 
$
13,381
 
 
The amortized cost and fair value of fixed maturity securities available-for-sale as of December 31, 2018 are shown by contractual maturity in the table below. Actual maturities can differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
 
Amortized

Cost
 
 
Fair Value
 
Fixed maturity securities
 
 
 
 
 
 
 
 
Due after one year through three years
 
$
4,012
 
 
$
1,214
 
Due after three years through five years
 
 
5,122
 
 
 
4,069
 
Due after five years through 10 years
 
 
7,786
 
 
 
7,256
 
Total fixed maturity securities
 
$
16,920
 
 
$
12,539