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Stock-Based Incentive Plan (Tables)
 12 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Valuation Assumptions June 30, 2021 and 2020, the assumptions used in the Monte Carlo simulation valuations, expected lives and fair values were as follows:
Year Ended June 30,
20212020
Weighted average fair value of market-based awards granted$3.08 $3.79 
Risk-free interest rate0.23 %
1.65% to 1.87%
Expected life in years2.56
1.35 to 2.56
Expected volatility56.9 %
38.6% to 43.7%
Dividend yield3.2 %
6% to 7.2%
Schedule of Restricted Stock transactions
Unvested Restricted Stock awards at June 30, 2021 consisted of the following:
Award TypeNumber of
Restricted
Shares		Weighted
Average
Grant-Date
Fair Value
Service-based awards348,762 $3.37 
Market-based awards320,533 3.38 
Unvested at June 30, 2021669,295 $3.37 
The following table sets forth the Restricted Stock transactions for the year ended June 30, 2021:
Number of
Restricted
Shares		Weighted
Average
Grant-Date
Fair Value		Unamortized Compensation Expense at June 30, 2021Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2020285,028 $5.53 $— 
Service-based shares granted365,479 2.97 
Market-based shares granted246,160 3.07 
Vested(176,848)5.09 
Forfeited(50,524)5.15 
Unvested at June 30, 2021669,295 $3.37 $1,530,550 1.88
for the year ended June 30, 2021:
 Number of
Restricted
Stock Units		Weighted
Average
Grant-Date
Fair Value		Unamortized Compensation Expense at June 30, 2021Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2020200,000 $3.50 
Market-based awards granted123,080 1.76 
Vested — — 
Unvested at June 30, 2021323,080 $2.84 $169,257 2.00
Schedule of Restricted Stock Activity The following is a summary of Restricted Stock that vested during the last two fiscal years:
Year Ended June 30,
20212020
Vesting-date intrinsic value of Restricted Stock$570,711 $477,647 
Grant-date fair value of vested Restricted Stock$900,007 $748,893 
Number of awards that vested176,848 104,159 
The following is a summary of Contingent Restricted Stock vestings for the last two fiscal years:
Year Ended June 30,
20212020
Vest-date intrinsic value of Contingent Restricted Stock$— $60,225 
Grant-date fair value of vested Contingent Restricted Stock$— $34,734 
Number of awards that vested— 10,156