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Tax Receivable Agreement Liability (Tables)
6 Months Ended
Dec. 31, 2015
Tax Receivable Agreement [Abstract]  
Tax Receivable Agreement Liability
The following table reflects the changes to the Company's Tax Receivable Agreement liability:
 
As of December 31, 2015
 
As of June 30, 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
118

 

Payments under tax receivable agreement

 

 
96,588

 
96,470

Less current portion under tax receivable agreement
(2,969
)
 
(2,969
)
Ending balance
$
93,619

 
$
93,501