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Loss Per Share (Tables)

9 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Basic and Diluted Net Loss Per Share of Common Stock

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

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

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