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INTANGIBLE ASSETS, NET
 9 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET
(6) INTANGIBLE ASSETS, NET
Intangible assets, net consisted of the following (in thousands):
 
Useful Life
March 31, 2017
June 30, 2016
Member relationships
14.7 years
$
220,100

$
—

Technology
5.0 years
145,140

143,727

Customer relationships
8.3 years
48,120

48,120

Trade names
8.3 years
22,710

13,160

Distribution network
10.0 years
22,400

—

Favorable lease commitments
10.1 years
11,393

—

Non-compete agreements
5.9 years
8,710

4,080

Total intangible assets
 
478,573

209,087

Accumulated amortization
 
(85,498
)
(50,870
)
Intangible assets, net
 
$
393,075

$
158,217


The increase in total intangible assets was due to the acquisitions of Acro Pharmaceuticals in August 2016 and Innovatix and Essensa in December 2016 (see Note 3 - Business Acquisitions). Intangible asset amortization totaled $14.1 million and $8.7 million for the three months ended March 31, 2017 and 2016, respectively, and $34.4 million and $24.1 million for the nine months ended March 31, 2017 and 2016, respectively.