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Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Jun. 30, 2015
Accumulated depreciation $ 528 $ 517 $ 463
Preferred stock, shares authorized (in shares)   50,000,000  
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 300,000,000 300,000,000 300,000,000
Common stock, shares, issued (in shares) 7,088,999 6,972,023 6,917,027
Treasury stock, (in shares) 1,209,389 1,209,389 1,209,389
Series A Convertible Preferred Stock      
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 28,000,000 28,000,000 28,000,000
Preferred stock, shares issued (in shares) 0 22,683,428 21,162,697
Preferred stock, shares outstanding (in shares)   22,683,428 21,162,697
Preferred stock, liquidation preference $ 0 $ 29,093 $ 28,435