XML 57 R61.htm IDEA: XBRL DOCUMENT v2.4.0.8
PREFERRED STOCK (Detail Textuals) (Series A Preferred Stock, USD $)
 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Series A Preferred Stock
    
Class of Stock [Line Items]    
Conversion of preferred dividends into common stock (Per share) 0.194  
Preferred stock voting rights 0.194 of a vote  
Series A Preferred Stock annual cumulative dividend price per share (in dollars per share) $ 1.50  
Cumulative unpaid dividends $ 12,260,776 $ 11,596,324
Cumulative unpaid dividends converted into common shares, Convertible price per common share (in dollars per share) $ 1,000  
Series A preferred stock, redemption price per share (in dollars per share) $ 11.00  
Liquidation price to be received by series A preferred stock holder for each outstanding share plus all cumulative unpaid dividends (in dollars per share) $ 10.00