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ACCOUNTING POLICIES (Detail Textuals 3)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding 8,106,040 15,673,000 13,787,000
Stock options
     
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding 45,333 90,666 160,000
Stock purchase warrants
     
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding 8,045,619 15,567,199 13,526,748
Preferred stock
     
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding 4,430 4,430 4,445
Cumulative preferred dividends
     
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding 10,932 10,267 9,635
Long-Term Equity Incentive Program
     
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Weighted average common shares outstanding     86,342