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COMMON STOCK WARRANTS AND OPTIONS (Details 2) (Stock options, USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]      
Option outstanding and exercisable at the beginning 90,666 160,000 160,000
Options Granted         
Options Expired (45,333) (69,334)   
Options outstanding and exercisable at the ending 45,333 90,666 160,000
Share Based Compensation Arrangement By Share Based Payment Award Options Exercise Price Per Share [Roll Forward]      
Options Expired, Exercise Price Per Share   $ 7.50  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price $ 7.53 $ 7.52 $ 7.52
Options Granted, Weighted Average Exercise Price         
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price $ 7.53 $ 7.50   
Options Outstanding, Weighted Average Exercise Price at Ending $ 7.53 $ 7.53 $ 7.52
Maximum
     
Share Based Compensation Arrangement By Share Based Payment Award Options Exercise Price Per Share [Roll Forward]      
Options, Outstanding, Exercise Price, Beginning $ 8.00 $ 8.00 $ 8.00
Options Granted, Exercise Price Per Share         
Options Expired, Exercise Price Per Share $ 8      
Options, Outstanding, Exercise Price, Ending $ 8.00 $ 8.00 $ 8.00
Minimum
     
Share Based Compensation Arrangement By Share Based Payment Award Options Exercise Price Per Share [Roll Forward]      
Options, Outstanding, Exercise Price, Beginning $ 7.50 $ 7.50 $ 7.50
Options Granted, Exercise Price Per Share         
Options Expired, Exercise Price Per Share $ 7.50 $ 7.50   
Options, Outstanding, Exercise Price, Ending $ 7.50 $ 7.50 $ 7.50