Income Taxes (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense

The components of income tax benefit from continuing operations are as follows (in thousands):

	Year Ended June 30,
	2015			2014
Current
Federal	$	(5,414	)	$	(3,620	)
State and local	(527		)	(528		)
Foreign	—			—
	$	(5,941	)	$	(4,148	)
Deferred
Federal	—			—
State and local	—			—
Foreign	—			—
Total tax benefit from continuing operations	$	(5,941	)	$	(4,148	)

Schedule of components of income tax expense related to discontinued operations

The components of income tax expense from discontinued operations are as follows (in thousands):

	Year Ended June 30,
	2015		2014
Current
Federal	$	5,611	$	3,620
State and local	527		534
Foreign	—		—
	$	6,138	$	4,154
Deferred
Federal	—		—
State and local	—		—
Foreign	—		—
Total tax expense from discontinued operations	$	6,138	$	4,154

Schedule of effective income tax rate reconciliation

	Year Ended June 30,
	2015			2014
Expected expense (benefit)	$	(5,414	)	$	(3,666	)
State tax expense	—			6
Change in temporary tax adjustments not recognized	5,589			3,620
Other permanent items	22			46
Total	$	197		$	6

Schedule of deferred tax assets and liabilities

The Company’s deferred tax assets as of June 30, 2015 and 2014 consist of the following (in thousands):

	Year Ended June 30,
	2015			2014
Deferred tax assets:
Net operating loss carryforwards	$	10,869		$	15,243
Alternative minimum tax credit carryforwards	868			671
Accrued expenses and other timing	912			929
Total gross deferred tax assets	$	12,649		$	16,843
Less — valuation allowance	(11,887		)	(16,009		)
Net deferred tax assets	$	762		$	834
Deferred tax liabilities:
Property and equipment, principally due to differences in depreciation	$	(762	)	$	(834	)
Total gross deferred tax liabilities	$	(762	)	$	(834	)
Net deferred tax assets (liabilities)	$	—		$	—

Schedule of uncertain tax benefit reserves

The Company’s change in uncertain tax benefit reserves during 2015 and 2014 were as follows (in thousands):

	2015		2014
Balance at July 1	$	72	$	68
Additions for tax positions of current period	—		—
Additions for tax positions of prior years	4		4
Decreases for tax positions of prior years	—		—
Balance at June 30	$	76	$	72