GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Sep. 30, 2016

GOODWILL AND INTANGIBLE ASSETS [Abstract]

Schedule of Intangible Assets

At September 30, 2016 and June 30, 2016, intangible assets consisted of the following (in thousands, unaudited):

		September 30, 2016							June 30, 2016
	Estimated Useful Lives	Original Amount		Accumulated Amortization			Net Amount		Original Amount		Accumulated Amortization			Net Amount
Customer relationships	7 years	$	3,007	$	(167	)	$	2,840	$	580	$	(60	)	$	520
Permits	6 - 15 years		1,211		(215	)		996		668		(191	)		477
Patents	5 - 17 years		383		(255	)		128		383		(251	)		132
Tradename	7 years		270		(10	)		260		-		-			-
Non-compete	5 years		117		(6	)		111		-		-			-
Total intangible assets, net		$	4,988	$	(653	)	$	4,335	$	1,631	$	(502	)	$	1,129

Schedule of Goodwill

The changes in the carrying amount of goodwill since June 30, 2016 was as follows (in thousands, unaudited):

Balance at June 30, 2016	$	1,039
Goodwill acquired during the three months ended September 30, 2016		5,685
Balance at September 30, 2016	$	6,724

Schedule of future amortization of intangible assets

As of September 30, 2016, future amortization of intangible assets is as follows (in thousands, unaudited):

Year Ending  September 30,
2017	$	616
2018		615
2019		615
2020		615
2021		615
Thereafter		1,259
	$	4,335