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Fair Value Measurement (Tables) | 12 Months Ended
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Jun. 30, 2015
Fair Value Disclosures [Abstract] |
Schedule of assets and liabilities measured on a recurring basis | The following table summarize the location and amounts of the Company’s assets and liabilities measured at fair value on a recurring basis as presented in the consolidated balance sheets as of June 30, 2015. All items included in the tables below are Level 2 inputs within the fair value hierarchy:
|  | June 30, 2015
Asset (Liability) |  | Gross Amounts Recognized |  | Gross Amounts Offset in the Consolidated Balance Sheet |  | Net Amounts Presented in the Consolidated Balance Sheets
Current derivative assets |  | $ | 355,555 |  |  | $ | (355,555 | ) |  | $ | — |
Current derivative liabilities |  | (465,529 | ) |  | 355,555 |  |  | (109,974 | )
Total |  | $ | (109,974 | ) |  | $ | — |  |  | $ | (109,974 | )

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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