Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Mar. 31, 2021

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 nine months ended March 31,
(in thousands)	2021		2020
Beginning balance	$	50,010	$	50,397
Acquisition of businesses		648		-
Purchase accounting adjustment		-		36
Ending balance	$	50,658	$	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 March 31, 2021							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	$	9,056	$	(2,273	)	$	6,783	$	8,800	$	(1,613	)	$	7,187
Hospital Contracts		90		(4	)		86		-		-			-
Non-compete agreements		1,370		(811	)		559		1,360		(573	)		787
		10,516		(3,088	)		7,428		10,160		(2,186	)		7,974

Investment Management
Investment management agreement		3,900		(2,200	)		1,700		3,900		(1,887	)		2,013
Assembled workforce		526		(297	)		229		526		(255	)		271
		4,426		(2,497	)		1,929		4,426		(2,142	)		2,284
Real Estate
In-place lease		6,028		(1,531	)		4,497		6,028		(1,157	)		4,871

Total	$	20,970	$	(7,116	)	$	13,854	$	20,614	$	(5,485	)	$	15,129

Summary of Amortization Expense of Identifiable Intangible Assets

Aggregate Amortization Expense (in thousands)	2021		2020
For the three months ended March 31,	$	1,080	$	574
For the nine months ended March 31,		1,631		1,816

Estimated Future Amortization Expense (in thousands):
For the three months ending June 30, 2021	$	553
For the year ending June 30, 2022		2,070
For the year ending June 30, 2023		1,967
For the year ending June 30, 2024		1,768
For the year ending June 30, 2025		1,658
Thereafter		5,838
Total	$	13,854