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COMMON STOCK - Director compensation (Detail Textuals 8) (USD $) | 12 Months Ended
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Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Number of common stock issued (in shares) |  |  | 29,998
Stock compensation expense | $ 450,078 | $ 483,740 | $ 584,487
Common stock issued for services (in shares) |  |  | 19,175
Directors |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Number of common stock issued (in shares) | 75,632 | 88,594 | 2,299
Stock compensation expense | $ 140,000 | $ 157,500 | $ 3,333
Lead independent director |  |  |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |  |  |
Common stock issued for services (in shares) | 37,287 | 23,248 | 19,175

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- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1)(i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
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- Definition Number of share instruments newly issued under a share-based compensation plan. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. + References No definition available. + Details
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