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PREPAID EXPENSES AND OTHER ASSETS
6 Months Ended
Dec. 31, 2021
Other Assets [Abstract]  
PREPAID EXPENSES AND OTHER ASSETS PREPAID EXPENSES AND OTHER ASSETS
Prepaid expenses and other current assets:
As of December 31, 2021As of June 30, 2021
Deposits and restricted cash$5,839 $3,027 
Capitalized costs to obtain a contract23,222 22,601 
Short-term prepaid expenses and other current assets89,292 72,923 
Total$118,353 $98,551 
Other assets:
As of December 31, 2021As of June 30, 2021
Deposits and restricted cash$7,938 $11,577 
Capitalized costs to obtain a contract51,636 50,299 
Investments148,840 121,777 
Long-term prepaid expenses and other long-term assets19,728 25,241 
Total$228,142 $208,894 
Deposits and restricted cash primarily relate to security deposits provided to landlords in accordance with facility lease agreements and cash restricted per the terms of certain contractual-based agreements.
Capitalized costs to obtain a contract relate to incremental costs of obtaining a contract, such as sales commissions, which are eligible for capitalization on contracts to the extent that such costs are expected to be recovered (see note 3 "Revenues").
Investments relate to certain investment funds in which we are a limited partner. Our interests in each of these investees range from 4% to below 20%. These investments are accounted for using the equity method. Our share of net income or losses based on our interest in these investments, which approximates fair value and subject to volatility based on market trends and business conditions, is recorded as a component of Other income (expense), net in our Condensed Consolidated Statements of Income (Loss) (see note 22 "Other Income (Expense), Net").
During the three and six months ended December 31, 2021, our share of income (loss) from these investments was $2.0 million and $31.4 million, respectively (three and six months ended December 31, 2020—$2.0 million and $8.3 million, respectively).
Prepaid expenses and other assets, both short-term and long-term, include advance payments on licenses that are being amortized over the applicable terms of the licenses and other miscellaneous assets.