ACCUMULATED OTHER COMPREHENSIVE INCOME |
12 Months Ended |
|---|---|
Jun. 30, 2020 | |
| Stockholders' Equity Note [Abstract] | |
| ACCUMULATED OTHER COMPREHENSIVE INCOME | ACCUMULATED OTHER COMPREHENSIVE INCOMEComprehensive income consists of two components, net income and other comprehensive income. Other comprehensive income refers to gains and losses that are recorded as an element of stockholders’ equity but are excluded from net income pursuant to GAAP. As of June 30, 2020 and 2019 the Company’s accumulated other comprehensive income includes $9.2 thousand and $0.4 million respectively, of net unrealized gains from our available-for-sale securities. |