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COMMITMENTS AND CONTINGENCIES (Tables) | 12 Months Ended
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Jun. 30, 2012
Commitments and Contingencies Disclosure [Abstract] |
Schedule of capital leases and noncancellable operating leases |
|  | Capital |  |  | Operating |
|  | Leases |  |  | Leases |
2013 |  | $ | 209,534 |  |  | $ | 450,368 |
2014 |  |  | 203,298 |  |  |  | 368,697 |
2015 |  |  | 45,122 |  |  |  | 377,322 |
2016 |  |  | - |  |  |  | 321,263 |
Thereafter |  |  | - |  |  |  | - |
Total minimum lease payments |  | $ | 457,954 |  |  | $ | 1,517,650 |
Less amount representing interest |  |  | 31,947 |  |  |  |  |
Present value of net minimum lease payments |  |  | 426,007 |  |  |  |  |
Less current obligations under capital leases |  |  | 187,715 |  |  |  |  |
Obligations under capital leases, less current portion |  | $ | 238,292 |  |  |  |  |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for Capital and non cancellable operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References No definition available. + Details
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- Details
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