INCOME TAXES	3 Months Ended
Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Company’s net deferred tax assets have been fully reserved by a tax valuation allowance. The Company’s effective tax rate for the three months ended September 30, 2017 was 8.0% reflecting estimated state income taxes. The Company’s tax expense associated with taxable income during the three months ended September 30, 2017 was offset by the utilization of net operating loss carryforwards. No income tax expense was recorded for the three months ended September 30, 2016 as it was not material due to the valuation allowance and net operating losses.

INCOME TAXES

3 Months Ended

Sep. 30, 2017

The Company’s net deferred tax assets have been fully reserved by a tax valuation allowance. The Company’s effective tax rate for the three months ended September 30, 2017 was 8.0% reflecting estimated state income taxes. The Company’s tax expense associated with taxable income during the three months ended September 30, 2017 was offset by the utilization of net operating loss carryforwards. No income tax expense was recorded for the three months ended September 30, 2016 as it was not material due to the valuation allowance and net operating losses.