XML 43 R33.htm IDEA: XBRL DOCUMENT v3.20.4

Goodwill and Other Intangible Assets (Tables)

6 Months Ended

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

X

- Definition

Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life.

+ References

No definition available.

+ Details

Name:	us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration