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STOCK BASED COMPENSATION PLANS (10K) - Summary of options outstanding (Details 3) - Stock options - $ / shares
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2016
Mar. 31, 2017
Mar. 31, 2017
Mar. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Shares              
Outstanding options, beginning of period     610,141 538,888 538,888 120,000  
Granted 20,080 105,000 125,080 194,586 199,586 438,888 120,000
Forfeited         (95,000) (20,000)  
Excercised         (33,333)    
Outstanding options, end of period         610,141 538,888 120,000
Weighted Average Grant Date Fair Value              
Weighted average exercise price, Options Outstanding     $ 1.35 $ 1.33 $ 1.33 $ 1.49  
Granted $ 4.98       1.63 1.30 $ 1.49
Forfeited         1.80 1.49  
Excercised         1.27    
Weighted average exercise price, Options Outstanding         $ 1.35 $ 1.33 $ 1.49