LEASES

6 Months Ended

Dec. 31, 2020

The Company has operating leases for real estate, field equipment, office equipment and vehicles. Operating leases are included in Operating Lease Right of Use ("ROU") Asset and Operating Lease Liability on our Condensed Consolidated Balance Sheets.

During the three and six months ended December 31, 2020 and 2019, lease cost amounts, which reflect the fixed rent expense associated with operating leases, are as follows (in thousands):


	Three-Months Ended December 31,				Six-Months Ended December 31,
	2020		2019		2020		2019
Lease cost (1) - operating lease cost - fixed rent expense included in:
Cost of revenues	$	621	$	451	$	1,192	$	885
Selling, general and administrative	113		79		226		182
Total	$	734	$	530	$	1,418	$	1,067

(1) Finance lease cost, short-term lease cost and variable lease cost were not significant during the period.

During the six months ended December 31, 2020 and 2019, the Company had the following cash and non-cash activities associated with leases (in thousands):


	Six-Months Ended December 31,
	2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflow for operating leases	$	1,357	$	1,067
Non-cash changes to the Operating ROU Asset and Operating Lease Liability
Additions and modifications to ROU asset obtained from new operating lease liabilities	$	1,688	$	5,126
Additions to ROU asset obtained from operating lease liabilities upon adoption of new guidance	$	—	$	4,591

As of December 31, 2020, the weighted average remaining lease term for all operating leases is 4.69 years. The weighted average discount rate associated with operating leases as of December 31, 2020 is 4.4%.

The future payments due under operating leases as of December 31, 2020 is as follows (in thousands):


Future payments due in the twelve months ended December 31,
2021	$	2,828
2022	2,156
2023	1,945
2024	1,735
2025	1,095
Thereafter	675
Total undiscounted lease payments	10,434
Less effects of discounting	(1,024)
Lease liability recognized	$	9,410

On January 22, 2021, the Company exercised its option to purchase real estate in Pennsylvania that it had previously leased. As a result, the Company's Operating Lease ROU Asset and Operating Lease Liability will decrease by $0.9 million and the Company's future payments under operating leases will decrease by $1.2 million.