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Stock-Based Incentive Plan (Tables)
6 Months Ended
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Market-based Award Valuation Assumptions During the six months ended December 31, 2021 and six months ended December 31, 2020, the assumptions used in the Monte Carlo simulation valuations were as follows:
December 31,December 31,
20212020
Weighted average fair value of market-based awards granted$3.10 $3.08 
Risk-free interest rate
0.53% to 0.60%
0.23 %
Expected vesting term in years
2.64 to 2.79
2.56
Expected volatility
64.7% to 64.7%
56.9 %
Dividend yield
4.8% to 6.3%
3.2 %
Schedule of Restricted Stock transactions Unvested restricted stock awards at December 31, 2021 consisted of the following:
Number of
Shares of
Restricted
Stock
Weighted
Average
Grant-Date
Fair Value
Time-Vested Restricted Stock awards271,636 $4.13 
Performance-Based Restricted Stock awards382,071 3.34 
Unvested Shares of Restricted Stock at December 31, 2021653,707 $3.67 
Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
The following table sets forth the restricted stock transactions for the six months ended December 31, 2021:
 Number of
Shares of
Restricted
Stock
Weighted
Average
Grant-Date
Fair Value
Unamortized Compensation Expense at December 31, 2021Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2021669,295 $3.37 
Time-Vested Restricted Stock shares granted122,577 4.99 
Performance-Based Restricted Stock shares granted131,293 3.31 
Vested(170,884)3.27 
Forfeited and expired(98,574)3.52 
Unvested Shares of Restricted Stock at December 31, 2021653,707 $3.67 $1,737,057 1.86
Contingent Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
The following table sets forth the contingent share transactions for the six months ended December 31, 2021:

 Number of
Performance-
Based
Contingent
Shares
Weighted
Average
Grant-Date
Fair Value
Unamortized Compensation Expense at December 31, 2021Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2021323,080 $2.84 
Performance-Based Contingent Shares granted65,649 2.67 
Forfeited(26,402)$1.89 
Unvested Performance-Based Contingent Shares at December 31, 2021362,327 $2.88 $259,414 2.1