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Leases | 12 Months Ended
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Jun. 30, 2021
Leases [Abstract] |
Leases | Leases The Company has operating leases for current corporate offices and certain equipment. These leases have remaining terms of approximately two to eleven years. As of June 30, 2021, the weighted average remaining lease term and weighted average discount rate for operating leases was 8.93 years and 3.28%, respectively. For the fiscal years ended June 30, 2021 and 2020, operating lease expense was $3.6 million and $2.7 million, respectively. Supplemental cash flow information related to operating leases was as follows (in thousands):
| June 30, 2021 |  | June 30, 2020
Operating cash outflows from operating leases | $ | 2,536 |  |  | $ | 2,886 |
Right-of-use assets obtained in exchange for lease obligations | $ | 15,725 |  |  | $ | — |
Maturity of lease liabilities at June 30, 2021 are as follows (in thousands):
Year ended June 30, |  | Amount |
2022 |  | $ | 2,550 |  |
2023 |  | 3,167 |  |
2024 |  | 1,876 |  |
2025 |  | 1,606 |  |
2026 |  | 1,646 |  |
Thereafter |  | 9,810 |  |
Total |  | 20,655 |  |
Less: imputed interest |  | (2,472) |  |
Present value of lease liabilities |  | $ | 18,183 |  |
Rent expense under ASC 840 totaled $2.7 million for the fiscal year ended June 30, 2019.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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