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FINANCE RECEIVABLES (Tables)
3 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Schedule of Finance Receivables As of September 30, 2020 and June 30, 2020, finance receivables consist of the following:
($ in thousands)September 30,
2020
June 30,
2020
Current finance receivables, net$7,356 7,468 
Finance receivables due after one year10,385 11,213 
Total finance receivables, net of nonperforming allowance of $559 and $150, respectively
$17,741 $18,681 
Schedule of Credit Quality Indicators
At September 30, 2020, the gross lease payable by current payment performance on a contractual basis and year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$4,680 $4,013 $4,986 $3,073 $248 $18 $17,018 
30 days and under24 51 102 11 — — 188 
31-60 days31 10 — 55 
61-90 days26 29 64 13 — 134 
Greater than 90 days82 164 519 100 31 905 
Total finance receivables$4,817 $4,265 $5,702 $3,207 $282 $27 $18,300 

At June 30, 2020, the gross lease payable by current payment performance on a contractual basis and year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$4,950 $4,406 $4,811 $2,730 $555 $22 $17,474 
30 days and under40 66 121 28 11 267 
31-60 days13 15 13 — — — 41 
61-90 days10 44 62 19 — 138 
Greater than 90 days22 263 537 67 14 911 
Total finance receivables$5,035 $4,794 $5,544 $2,844 $583 $31 $18,831 

At September 30, 2020, credit quality indicators by year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
High ratio customers$4,321 $3,607 $4,434 $2,519 $121 $$15,011 
Low ratio customers496 658 1,268 688 161 18 3,289 
Total finance receivables$4,817 $4,265 $5,702 $3,207 $282 $27 $18,300 
Financing Receivable, Allowance for Credit Loss
The following table represents a rollforward of the allowance for nonperforming finance receivables for the three months ending September 30, 2020 and 2019:
Three months ended September 30,Three months ended September 30,
($ in thousands)20202019
Beginning balance, prior to adopting ASC 326$150 $606 
Impact of ASC 326409 — 
Provision for credit losses— 
Charge-offs— — 
Ending balance$559 $607 
Schedule of Cash To Be Collected On Performing Financing Receivable
Cash to be collected on our performing finance receivables due for each of the fiscal years are as follows:
($ in thousands)
2021$8,563 
20225,607 
20234,447 
20242,675 
20251,126 
Thereafter44 
Total amounts to be collected22,462 
Less: interest(3,603)
Less: allowance for nonperforming receivables(559)
Total finance receivables$18,300