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REDEEMABLE LIMITED PARTNERS' CAPITAL (Tables) | 12 Months Ended
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Jun. 30, 2022
Temporary Equity Disclosure [Abstract] |
Schedule of Changes in Redeemable Limited Partners' Capital | The table below provides a summary of the changes in the redeemable limited partners’ capital for the years ended June 30, 2021 and 2020 (in thousands). There were no changes in redeemable limited partners’ capital for the year ended June 30, 2022.
| Receivables From Limited Partners |  | Redeemable Limited Partners’ Capital |  | Total Redeemable Limited Partners’ Capital
June 30, 2019 | $ | (1,204) |  |  | $ | 2,524,474 |  |  | $ | 2,523,270 |
Distributions applied to receivables from limited partners | 209 |  |  | — |  |  | 209 |
Redemption of limited partners | — |  |  | (1,372) |  |  | (1,372) |
Net income attributable to non-controlling interest in Premier LP | — |  |  | 161,816 |  |  | 161,816 |
Non-controlling interest due to acquisition | — |  |  | 9,004 |  |  | 9,004 |
Distributions to limited partners | — |  |  | (43,714) |  |  | (43,714) |
Exchange of Class B common units for Class A common stock by member owners | — |  |  | (460,593) |  |  | (460,593) |
Adjustment of redeemable limited partners' capital to redemption amount | — |  |  | (468,311) |  |  | (468,311) |
June 30, 2020 | (995) |  |  | 1,721,304 |  |  | 1,720,309 |
Distributions applied to receivables from limited partners | 141 |  |  | — |  |  | 141 |
Net income attributable to non-controlling interest in Premier LP | — |  |  | 11,845 |  |  | 11,845 |
Distributions to limited partners | — |  |  | (1,936) |  |  | (1,936) |
Exchange of Class B common units for Class A common stock by member owners | — |  |  | (2,437) |  |  | (2,437) |
Adjustment of redeemable limited partners' capital to redemption amount | — |  |  | 26,685 |  |  | 26,685 |
Reclassification to permanent equity | 854 |  |  | (1,755,461) |  |  | (1,754,607) |
June 30, 2021 | $ | — |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (27) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=122040564&loc=d3e177068-122764 + Details
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