COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2016

Jun. 30, 2016

COMMITMENTS AND CONTINGENCIES

Schedule by years of minimum future rental payments required under operating leases that have initial or remaining non-cancellable lease terms in excess of one year

The following is a schedule by years of minimum future rental payments required under operating leases that have initial or remaining non-cancellable lease terms in excess of one year (in thousands):

Years ending June 30:
2017	$	377
2018	399
2019	406
2020	309
2021 and thereafter	—
Total minimum payments required	$	1,491

        The following is a schedule by years of minimum future rental payments required under operating leases that have initial or remaining non-cancellable lease terms in excess of one year as of June 30, 2016 (in thousands):

Years ending June 30:
2017	$	392
2018		399
2019		406
2020		309
Total minimum payments required	$	1,506