Quarterly report pursuant to Section 13 or 15(d)

Accounts Payable

v3.5.0.2
Accounts Payable
 3 Months Ended
Sep. 30, 2016
Accounts Payable, Current [Abstract]  
Accounts Payable
ACCOUNTS PAYABLE
Accounts payable consist of the following:
in thousands
 
 
 
 
 
 
 
September 30, 2016
 
June 30, 2016
 
Trade payable to customers
 
$
5,503

 
$
603

 
Advances from customers
 
51,962

 
36,369

 
Liability on deferred revenue
 
2,767

 
6,546

 
Due to brokers
 
—

 
1,250

 
Other accounts payable
 
1,635

 
2,001

 
 
 
$
61,867

 
$
46,769