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Commitments and Contingencies (Tables)
9 Months Ended
Mar. 31, 2020
Commitments and Contingencies  
Summary of cash payments against operating lease liabilities

Supplemental balance sheet information related to operating leases was as follows:

 

 

 

 

 

Weighted-average remaining lease term

    

72

years

Weighted-average discount rate

 

3.55

%

 

Schedule of maturities of lease liabilities

The following is a schedule, by years, of maturities of lease liabilities as of March 31, 2020 (in thousands):

 

 

 

 

 

Year Ending June 30, 

    

Amount

2020

 

$

72

2021

 

 

280

2022

 

 

270

2023

 

 

261

2024

 

 

251

Thereafter

 

 

6,267

Total

 

$

7,401

 

Summary of future minimum lease payments for operating leases

As previously disclosed in our 2019 Annual Report on Form 10-K and under the previous lease accounting standard, undiscounted future minimum lease payments for operating leases having initial or remaining non-cancellable lease terms in excess of one year are as follows (in thousands):

 

 

 

 

 

Year Ending June 30, 

    

Amount

2020

 

$

315

2021

 

 

314

2022

 

 

311

2023

 

 

297

2024

 

 

288

Thereafter

 

 

19,536

Total

 

$

21,061