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FINANCE RECEIVABLES (Tables)
 9 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Schedule of Finance Receivables As of March 31, 2021 and June 30, 2020, finance receivables consist of the following:
($ in thousands)March 31,
2021		June 30,
2020
Current finance receivables, net$7,050 $7,468 
Finance receivables due after one year, net11,123 11,213 
Total finance receivables, net of allowance of $909 and $150, respectively
$18,173 $18,681 
Schedule of Credit Quality Indicators
At March 31, 2021, the gross lease receivable 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$4,353 $4,980 $5,257 $1,669 $1,381 $56 $17,696 
30 days and under14 31 84 17 5 1 152 
31-60 days25 89 113 41 4 1 273 
61-90 days8 30 78 8 2 2 128 
Greater than 90 days37 67 595 78 29 27 833 
Total finance receivables$4,437 $5,197 $6,127 $1,813 $1,421 $87 $19,082 

At June 30, 2020, the gross lease receivable 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 1 267 
31-60 days13 15 13 — — — 41 
61-90 days10 44 62 19 3 — 138 
Greater than 90 days22 263 537 67 14 8 911 
Total finance receivables$5,035 $4,794 $5,544 $2,844 $583 $31 $18,831 

At March 31, 2021, 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$4,095 $4,851 $5,102 $1,437 $1,294 $40 $16,819 
Low ratio customers342 346 1,025 376 127 47 2,263 
Total finance receivables$4,437 $5,197 $6,127 $1,813 $1,421 $87 $19,082 
Financing Receivable, Allowance for Credit Loss The following table represents a rollforward of the allowance for finance receivables for the nine months ending March 31, 2021 and 2020:
Nine months ended March 31,Nine months ended March 31,
($ in thousands)20212020
Balance at June 30$150 $606 
Impact of adoption of ASC 326*409 — 
Provision for expected losses350 101 
Write-offs— (5)
Balance at March 31$909 $702 
* The Company adopted ASC 326 on July 1, 2020.
Schedule of Cash To Be Collected On Performing Financing Receivable
Cash to be collected on our performing finance receivables due for each of the fiscal years are as follows:
($ in thousands)
2021$6,209 
20226,086 
20234,841 
20243,399 
20251,707 
Thereafter379 
Total amounts to be collected22,621 
Less: interest(3,539)
Less: allowance for receivables(909)
Total finance receivables$18,173