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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Carrying Value of Goodwill | The changes in the carrying value of goodwill are as follows:
|  | For the six months ended December 31, |
|  | 2020 |  |  | 2019 |
(in thousands) |  |  |  |  |  |  |  |
Beginning balance |  | $ | 50,010 |  |  | $ | 50,397 |
Purchase accounting adjustment |  |  | - |  |  |  | 36 |
Ending balance |  | $ | 50,010 |  |  | $ | 50,433 |
Summary of Identifiable Intangible Assets | The following tables provide details associated with the Company’s identifiable intangible assets subject to amortization (dollar amounts in thousands):
|  | As of December 31, 2020 |  |  | As of June 30, 2020 |
(in thousands) |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Durable Medical Equipment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradename |  | $ | 8,800 |  |  | $ | (2,053 | ) |  | $ | 6,747 |  |  | $ | 8,800 |  |  | $ | (1,613 | ) |  | $ | 7,187 |
Non-compete agreements |  |  | 1,360 |  |  |  | (733 | ) |  |  | 627 |  |  |  | 1,360 |  |  |  | (573 | ) |  |  | 787 |
|  |  | 10,160 |  |  |  | (2,786 | ) |  |  | 7,374 |  |  |  | 10,160 |  |  |  | (2,186 | ) |  |  | 7,974 |
Investment Management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment management agreement |  |  | 3,900 |  |  |  | (2,107 | ) |  |  | 1,793 |  |  |  | 3,900 |  |  |  | (1,887 | ) |  |  | 2,013 |
Assembled workforce |  |  | 526 |  |  |  | (284 | ) |  |  | 242 |  |  |  | 526 |  |  |  | (255 | ) |  |  | 271 |
|  |  | 4,426 |  |  |  | (2,391 | ) |  |  | 2,035 |  |  |  | 4,426 |  |  |  | (2,142 | ) |  |  | 2,284 |
Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In-place lease |  |  | 6,028 |  |  |  | (1,406 | ) |  |  | 4,622 |  |  |  | 6,028 |  |  |  | (1,157 | ) |  |  | 4,871 |
Total |  | $ | 20,614 |  |  | $ | (6,583 | ) |  | $ | 14,031 |  |  | $ | 20,614 |  |  | $ | (5,485 | ) |  | $ | 15,129 |
Summary of Amortization Expense of Identifiable Intangible Assets |
Aggregate Amortization Expense (in thousands) |  | 2020 |  |  | 2019 |
For the three months ended December 31, |  | $ | 547 |  |  | $ | 603 |
For the six months ended December 31, |  |  | 1,098 |  |  |  | 1,242 |
Estimated Future Amortization Expense (in thousands): |  |  |  |
For the six months ending June 30, 2021 |  | $ | 1,058 |
For the year ending June 30, 2022 |  |  | 1,981 |
For the year ending June 30, 2023 |  |  | 1,894 |
For the year ending June 30, 2024 |  |  | 1,702 |
For the year ending June 30, 2025 |  |  | 1,597 |
Thereafter |  | $ | 5,799 |

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