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LONG-TERM DEBT | 6 Months Ended
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Dec. 31, 2014
Debt Disclosure [Abstract] |
LONG-TERM DEBT | 5. LONG-TERM DEBT Long-term debt consists of the following:
|  | December 31, |  |  | June 30, |
|  | 2014 |  |  | 2014 |
|  | (unaudited) |  |  |  |
Capital lease obligations |  | $ | 419,001 |  |  | $ | 414,525 |
Loan agreements |  |  | 46,336 |  |  |  | 8,251 |
|  |  | 465,337 |  |  |  | 422,776 |
Less current portion |  |  | 203,621 |  |  |  | 172,911 |
|  | $ | 261,716 |  |  | $ | 249,865 |
During August 2014, the Company financed a portion of the premiums for various insurance policies totaling $103,125, due in nine monthly payments through April 2015 at an interest rate of 5.27%. In October 2014, the Company entered into a capital lease for network equipment totaling $107,903 due in twelve quarterly installments of $9,831 through August 2017.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
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