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Loss Per Share | 9 Months Ended
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Mar. 31, 2013
Earnings Per Share [Abstract] |
Loss Per Share | Loss Per Share A reconciliation of the components of basic and diluted net loss per share of common stock is presented below:
| Three Months Ended March 31, 2013 |  | Three Months Ended March 31, 2012
| Loss |  | Weighted Average Shares |  | Loss Per Share |  | Loss |  | Weighted Average Shares |  | Loss Per Share
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 501,033 |  |  | 2,642,495 |  |  | $ | 0.19 |  |  | $ | 243,079 |  |  | 1,641,894 |  |  | $ | 0.15 |
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 501,033 |  |  | 2,642,495 |  |  | $ | 0.19 |  |  | $ | 243,079 |  |  | 1,641,894 |  |  | $ | 0.15 |
| Nine Months Ended March 31, 2013 |  | Nine Months Ended March 31, 2012
| Loss |  | Weighted Average Shares |  | Loss Per Share |  |  | Loss |  | Weighted Average Shares |  | Loss Per Share
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 5,899,240 |  |  | 2,537,466 |  |  | $ | 2.32 |  |  | $ | 2,385,729 |  |  | 1,598,203 |  |  | $ | 1.49 |
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 5,899,240 |  |  | 2,537,466 |  |  | $ | 2.32 |  |  | $ | 2,385,729 |  |  | 1,598,203 |  |  | $ | 1.49 |
| Period from Inception (October 15, 2009) to March 31, 2013 |  |  |  |  |  |
| Loss |  | Weighted Average Shares |  | Loss Per Share |  |  |  |  |  |  |
Basic Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 14,115,732 |  |  | 1,846,871 |  |  | $ | 7.64 |  |  |  |  |  |  |
Diluted Loss per Share: |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to common stock | $ | 14,115,732 |  |  | 1,846,871 |  |  | $ | 7.64 |  |  |  |  |  |  |
Options and warrants to purchase 1,630,999 shares of common stock were outstanding as of March 31, 2013, and options to purchase 50,000 shares of common stock were outstanding as of March 31, 2012. These options and warrants were not included in the computation of diluted earnings per share for the respective three or nine month period, due to being anti-dilutive as a result of the Company’s net loss for all periods presented.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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