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Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2017
Income Tax Disclosure [Abstract] |
Schedule of components of income tax expense | The components of income tax (expense) benefit from operations are as follows (in thousands):
| Year Ended June 30,
| 2017 |  | 2016
Current |  |  |  |  |
Federal | $ | — |  |  | $ | 29 |
State and local | (2 | ) |  | (4 | )
Total tax (expense) benefit | $ | (2 | ) |  | $ | 25 |
Schedule of effective income tax rate reconciliation | A reconciliation of the reported income tax (expense) benefit to the amount that would result by applying the U.S. Federal statutory rate to the loss before income taxes to the actual amount of income tax (expense) benefit recognized follows (in thousands):
| Year Ended June 30,
| 2017 |  | 2016
Expected benefit | $ | 3,996 |  |  | $ | 4,576 |
State tax expense | (2 | ) |  | (4 | )
Change in temporary tax adjustments not recognized | (3,905 | ) |  | (4,414 | )
Other permanent items | (91 | ) |  | (133 | )
Total income tax (expense) benefit | $ | (2 | ) |  | $ | 25 |
Schedule of deferred tax assets and liabilities | The Company’s deferred tax assets as of June 30, 2017 and 2016 consist of the following (in thousands):
| Year Ended June 30,
| 2017 |  | 2016
Deferred tax assets: |  |  |  |  |
Net operating loss carryforwards | $ | 20,439 |  |  | $ | 15,704 |
Alternative minimum tax credit carryforwards | 857 |  |  | 857 |
Accrued expenses and other timing | 1,344 |  |  | 1,473 |
Total gross deferred tax assets | $ | 22,640 |  |  | $ | 18,034 |
Less — valuation allowance | (22,195 | ) |  | (17,939 | )
Net deferred tax assets | $ | 445 |  |  | $ | 95 |
Deferred tax liabilities: |  |  |  |  |
Property and equipment, principally due to differences in depreciation | $ | (445 | ) |  | $ | (95 | )
Total gross deferred tax liabilities | $ | (445 | ) |  | $ | (95 | )
Net deferred tax assets (liabilities) | $ | — |  |  | $ | — |
Schedule of uncertain tax benefit reserves | The Company’s change in uncertain tax benefit reserves during 2017 and 2016 were as follows (in thousands):
| 2017 |  | 2016
Balance at July 1 | $ | — |  |  | $ | 76 |
Additions for tax positions of current period | — |  |  | — |
Additions for tax positions of prior years | — |  |  | — |
Decreases for tax positions of prior years | — |  |  | (76 | )
Balance at June 30 | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15A -URI http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319 + Details
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