INCOME TAXES	9 Months Ended
Mar. 31, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s effective tax rate for the three and nine months ended March 31, 2019 was (3.2)% and (61.4)%, respectively, reflecting primarily deferred tax expense related to the effect of indefinite lived assets, such as goodwill, which cannot be used as a source of future taxable income in evaluating the need for a valuation allowance against deferred tax assets as well as estimated state income tax. For the three and nine months ended March 31, 2019, the Company recorded total income tax expense of $35 thousand and $105 thousand, respectively. Total income tax expense for the three and nine months ended March 31, 2019 consisted of estimated federal income tax expense of $29 thousand and $85 thousand, respectively and estimated state income tax expense of $6 thousand and $20 thousand, respectively. For the three and nine months ended March 31, 2018, the Company recorded a total income tax expense (benefit) of $32 thousand and $(28) thousand, respectively, consisting of a federal tax expense (benefit) of $36 thousand and $(38) thousand, and estimated state income tax expense (benefit) of $(4) thousand and $10 thousand, respectively. The Tax Cuts and Jobs Act of 2017, enacted on December 22, 2017, contains significant changes to U.S. Tax law, including lowering the U.S. corporate tax rate to 21% and repeal of the corporate alternative minimum tax for tax years beginning on or after January 1, 2018. Other provisions in the 2017 tax reform such as interest deductibility, changes to executive compensation plans, full expensing provisions for business assets, other new minimum taxes and international taxation modifications are not expected to have material implications to the Company's financial statements.

INCOME TAXES

The Company’s effective tax rate for the three and nine months ended March 31, 2019 was (3.2)% and (61.4)%, respectively, reflecting primarily deferred tax expense related to the effect of indefinite lived assets, such as goodwill, which cannot be used as a source of future taxable income in evaluating the need for a valuation allowance against deferred tax assets as well as estimated state income tax. For the three and nine months ended March 31, 2019, the Company recorded total income tax expense of $35 thousand and $105 thousand, respectively. Total income tax expense for the three and nine months ended March 31, 2019 consisted of estimated federal income tax expense of $29 thousand and $85 thousand, respectively and estimated state income tax expense of $6 thousand and $20 thousand, respectively. For the three and nine months ended March 31, 2018, the Company recorded a total income tax expense (benefit) of $32 thousand and $(28) thousand, respectively, consisting of a federal tax expense (benefit) of $36 thousand and $(38) thousand, and estimated state income tax expense (benefit) of $(4) thousand and $10 thousand, respectively.

The Tax Cuts and Jobs Act of 2017, enacted on December 22, 2017, contains significant changes to U.S. Tax law, including lowering the U.S. corporate tax rate to 21% and repeal of the corporate alternative minimum tax for tax years beginning on or after January 1, 2018. Other provisions in the 2017 tax reform such as interest deductibility, changes to executive compensation plans, full expensing provisions for business assets, other new minimum taxes and international taxation modifications are not expected to have material implications to the Company's financial statements.