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Commitments and Contingencies (Tables) | 3 Months Ended
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Sep. 30, 2019
Commitments and Contingencies |
Summary of cash payments against operating lease liabilities |
Weighted-average remaining lease term |  | 72 | years
Weighted-average discount rate |  | 3.55 | %
Schedule of maturities of lease liabilities | The following is a schedule, by years, of maturities of lease liabilities as of September 30, 2019 (in thousands):
Year Ending June 30, |  | Amount
2020 |  | $ | 216
2021 |  |  | 285
2022 |  |  | 275
2023 |  |  | 265
2024 |  |  | 256
Thereafter |  |  | 6,375
Total |  | $ | 7,672
Summary of future minimum lease payments for operating leases | As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting standard, undiscounted future minimum lease payments for operating leases having initial or remaining non-cancellable lease terms in excess of one year are as follows (in thousands):
Year Ending June 30, |  | Amount
2020 |  | $ | 315
2021 |  |  | 314
2022 |  |  | 311
2023 |  |  | 297
2024 |  |  | 288
Thereafter |  |  | 19,536
Total |  | $ | 21,061

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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