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REDEEMABLE LIMITED PARTNERS' CAPITAL | 12 Months Ended
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Jun. 30, 2022
Temporary Equity Disclosure [Abstract] |
REDEEMABLE LIMITED PARTNERS' CAPITAL | (11) REDEEMABLE LIMITED PARTNERS' CAPITAL The fair value of redeemable limited partners’ capital was reclassified from temporary equity in the mezzanine section of the Consolidated Balance Sheets to additional paid in capital as a component of permanent equity at July 31, 2020. As a result, there were no adjustments to the fair value of redeemable limited partners’ capital for the year ended June 30, 2022. For the years ended June 30, 2021 and 2020, the Company recorded adjustments of $(26.7) million and $468.3 million, respectively, to the fair value of redeemable limited partners’ capital as an adjustment of redeemable limited partners’ capital to redemption amount in the accompanying Consolidated Statements of Income and Comprehensive Income. Subsequent to July 31, 2020, there were no adjustments to the fair value of redeemable limited partners’ capital recorded in the accompanying Consolidated Statements of Income and Comprehensive Income. 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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