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ACCRUED LIABILITIES (Details) - USD ($) | Jun. 30, 2016 | Jun. 30, 2015
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Payables and Accruals [Abstract] |  |
Accrued stock-based compensation | $ 768,055 | $ 1,665,731
Accrued compensation | 336,957 | 506,064
Accrued other liabilities | 214,432 | 225,140
Accrued dividends | 182,759 | 124,176
Accrued liabilities | $ 1,502,203 | $ 2,521,111

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