XML 56 R36.htm IDEA: XBRL DOCUMENT v3.5.0.2
Tax Receivable Agreement Liability (Tables)
12 Months Ended
Jun. 30, 2016
Tax Receivable Agreement [Abstract]  
Tax Receivable Agreement
The following table reflects the changes to the Company's Tax Receivable Agreement liability:
 
As of June 30,
 
2016
 
2015
Beginning balance
$
96,470

 
$
13,636

Additions to tax receivable agreement:
 
 
 
Follow-on Offering on July 15, 2014

 
34,028

Tender Offer on April 15, 2015

 
23,969

Secondary Offering on May 27, 2015

 
24,837

Exchange of LLC Units for Class A Common Stock
111

 

Payment under tax receivable agreement
(2,831
)
 

 
93,750

 
96,470

Less current portion under tax receivable agreement
(4,189
)
 
(2,969
)
Ending balance
$
89,561

 
$
93,501