Commitments and Contingencies Commitments and Contingencies (Text Block)

12 Months Ended

Jun. 30, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

COMMITMENTS AND CONTINGENCIES

Property and Equipment

The Company had no material commitments at June 30, 2017 to purchase property and equipment. There were also no material commitments at June 30, 2016.

Leases

The Company leases certain property under operating leases which expire over the next 13 years, but certain of the leases contain options to extend the lease term. All lease payments are based on the lapse of time but include, in some cases, payments for operating expenses and property taxes. There are no purchase options on real estate leases at this time. Certain leases on real estate are subject to annual escalations for increases in operating expenses and property taxes.

As of June 30, 2017, net future minimum lease payments are as follows:

Years Ending June 30,	Lease Payments
2018	$	10,945
2019	8,172
2020	6,675
2021	4,578
2022	3,317
Thereafter	14,304
Total	$	47,991

Rent expense was $10,195, $10,167, and $9,547 in 2017, 2016, and 2015 respectively.