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LEASES
6 Months Ended
Dec. 31, 2020
LEASES  
LEASES

6.    LEASES

Our significant lease arrangements relate to our office spaces. These arrangements are for leases of assets such as corporate office space and office equipment. We lease office space and office equipment under operating leases expiring at various dates through the fiscal year ending June 30, 2030. The following amounts were recorded in the consolidated balance sheets at December 31, 2020 (amounts in thousands):

Classification

December 31, 2020

Operating Leases

Right-of-use assets - current

    

Prepaid expenses and other

    

$

806

Right-of-use assets - non-current

Other assets

6,404

Total right-of-use assets

$

7,210

Lease liabilities - current

Other current liabilities

$

951

Lease liabilities - non-current

Other long-term liabilities

7,634

Total operating lease liabilities

$

8,585

Maturities of operating lease liabilities at December 31, 2020 were as follows (amounts in thousands):

Fiscal Years:

Operating Leases

2021

$

574

2022

1,145

2023

1,121

2024

1,121

2025

1,082

Thereafter

4,524

Total lease payments

$

9,567

Less imputed interest

(982)

Total

$

8,585

Other information pertaining to leases consist of the following:

December 31, 2020

Operating Lease Term and Discount Rate

Weighted average remaining lease term in years

9

Weighted average discount rate

2.5%

We did not have any finance leases as of December 31, 2020.