Leases Components of Lease Expenses (Tables)

9 Months Ended

Mar. 31, 2020

Lease, Cost [Table Text Block]

Operating lease costs are recognized on a straight-line basis over the term of the lease. The components of lease expenses for the three and nine months ended March 31, 2020 were as follows:

	Three Months Ended March 31, 2020		Nine Months Ended March 31, 2020
	(Dollars in Thousands)
Operating lease costs (1)	$	2,443	$	7,012
Total lease costs	$	2,443	$	7,012

________

(1) Operating lease costs include rent and fixed fees

The following table represents the weighted-average remaining lease term and discount rate information related to our operating leases:

	March 31, 2020
Weighted average remaining lease term	6.0 years
Weighted average discount rate	4.5	%