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LINE OF CREDIT (Tables)
9 Months Ended
Mar. 31, 2016
Line Of Credit Facility [Abstract]  
Schedule of line of credit facilities

 

    As of or Nine Months Ended  
    March 31,  
($ in thousands)   2016     2015  
Principal balance at period-end   $ 7,111     $ 4,000  
Unamortized discount     (131 )     -  
Line of credit, net   $ 6,980     $ 4,000  
Maximum amount outstanding at any month end   $ 7,111     $ 5,000  
Average balance outstanding during the period   $ 4,230     $ 4,100  
Weighted-average interest rate:                
As of the period-end     5.8 %     5.3 %
Paid during the period     5.3 %     5.3 %

 

    As of or Three Months Ended  
    March 31,  
($ in thousands)   2016     2015  
Principal balance at period-end   $ 7,111     $ 4,000  
Unamortized discount     (131 )     -  
Line of credit, net   $ 6,980     $ 4,000  
Maximum amount outstanding at any month end   $ 7,111     $ 4,000  
Average balance outstanding during the period   $ 4,564     $ 4,000  
Weighted-average interest rate:                
As of the period-end     5.8 %     5.3 %
Paid during the period     5.5 %     5.3 %