XML 88 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
Other Long-Term Assets
12 Months Ended
Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER LONG-TERM ASSETS
OTHER LONG-TERM ASSETS

Other long-term assets consist of the following (in thousands):

 
June 30,
 
2015
2014
Investments
$
14,283

$
7,895

Deferred loan costs, net
2,095

2,511

Other
759

730

 
$
17,137

$
11,136



The Company recorded $0.3 million and $0.2 million in amortization expense on deferred loan costs during the years ended June 30, 2015 and 2014, respectively. There was no amortization expense on deferred loan costs during the year ended June 30, 2013. Amortization expense on deferred loan costs is recognized based on the straight-line method, which approximates the effective interest method, and is included in interest and investment income, net in the consolidated statements of income.