Stock-Based Incentive Plan (Tables)

6 Months Ended

Dec. 31, 2016

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of information regarding outstanding Stock Options and Incentive Warrants and the changes during the fiscal year

The following summary presents information regarding outstanding Stock Options as of December 31, 2016, and the changes during the period:

	Number of Stock Options	Weighted Average Exercise Price		Aggregate Intrinsic Value (1)		Weighted Average Remaining Contractual Term (in years)
Stock Options outstanding at July 1, 2016	35,231	$	2.19
Exercised	—	—
Expired	—	—
Stock Options outstanding at December 31, 2016	35,231	$	2.19	$	275,154	0.7
Vested and exercisable at December 31, 2016	35,231	$	2.19	$	275,154	0.7

(1) Based upon the difference between the market price of our common stock on the last trading date of the period ($10.00 as of December 31, 2016) and the Stock Option exercise price of in-the-money Stock Options.

Schedule of Restricted Stock transactions

Unvested Contingent Restricted Stock awards at December 31, 2016 consisted of the following:

Award Type	Number of Contingent Restricted Shares	Weighted Average Grant-Date Fair Value
Performance-based awards	39,403	$	7.02
Market-based awards	73,867	3.37
Unvested contingent shares at December 31, 2016	113,270	$	4.64

Unvested Restricted Stock awards at December 31, 2016 consisted of the following:

Award Type	Number of Restricted Shares	Weighted Average Grant-Date Fair Value
Service-based awards	221,956	$	7.12
Performance-based awards	54,475	5.67
Market-based awards	119,227	4.97
Unvested Restricted Stock at December 31, 2016	395,658	$	6.28

Restricted Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Restricted Stock transactions

The following table sets forth the Restricted Stock transactions for the six months ended December 31, 2016:

	Number of Restricted Shares		Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense at December 31, 2016		Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2016	406,848		$	6.74
Service-based shares granted	86,563		7.02
Performance-based shares granted	54,475		5.67
Market-based shares granted	54,475		5.44
Vested	(206,703	)	7.11
Unvested Restricted Stock at December 31, 2016	395,658		$	6.28	$	2,194,326	2.4

Contingent Restricted Stock

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of Restricted Stock transactions

The following table sets forth Contingent Restricted Stock transactions for the six months ended December 31, 2016:

	Number of Contingent Restricted Shares		Weighted Average Grant-Date Fair Value		Unamortized Compensation Expense at December 31, 2016 (1)		Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2016	91,172		$	5.21
Performance-based awards granted	27,237		5.67
Market-based awards granted	27,237		3.42
Vested	(32,376	)	6.09
Unvested contingent shares at December 31, 2016	113,270		$	4.64	$	167,781	2.4

(1) Excludes $276,702 of potential future compensation expense for contingent performance-based awards for which vesting is not considered probable at this time for accounting purposes.