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Stock-Based Incentive Plan (Tables)
9 Months Ended
Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of information regarding outstanding Stock Options and Incentive Warrants and the changes during the fiscal year
The following summary presents information regarding outstanding Stock Options as of March 31, 2015, and the changes during the fiscal year:
 
Number of Stock
Options
and Incentive
Warrants
 
Weighted Average
Exercise Price
 
Aggregate
Intrinsic Value
(1)
 
Weighted
Average
Remaining
Contractual
Term (in
years)
Stock Options outstanding at July 1, 2014
178,061

 
$
2.08

 
 

 
 
Exercised
(87,000
)
 
1.63

 
 

 
 
   Stock Options outstanding at March 31, 2015
91,061

 
2.50

 
$
313,720

 
1.6
   Vested or expected to vest at March 31, 2015
91,061

 
2.50

 
313,720

 
1.6
Exercisable at March 31, 2015
91,061

 
$
2.50

 
$
313,720

 
1.6

(1) Based upon the difference between the market price of our common stock on the last trading date of the period ($5.95 as of March 31, 2015) and the Stock Option exercise price of in-the-money Stock Options.
Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
The following table sets forth the Restricted Stock transactions for the nine months ended March 31, 2015:
 
Number of
Restricted
Shares
 
Weighted
Average
Grant-Date
Fair Value
 
Unamortized Compensation Expense at March 31, 2015 (1)
 
Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2014
140,067

 
$
8.70

 
 
 
 
Service-based awards granted
100,910

 
9.53

 
 
 
 
Performance-based awards granted
76,642

 
10.05

 
 
 
 
Market-based awards granted
35,914

 
7.59

 
 
 
 
Vested
(77,920
)
 
8.48

 
 
 
 
Forfeited

 

 
 
 
 
Unvested at March 31, 2015
275,613

 
$
9.30

 
$
1,528,996

 
2.5


(1) Excludes $770,252 of potential future compensation expense for performance-based awards for which vesting is not considered probable at this time for accounting purposes.

Contingent Restricted Stock  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Restricted Stock transactions
The following table summarizes contingent Restricted Stock activity:
 
Number of
Restricted
Stock Units
 
Weighted
Average
Grant-Date
Fair Value
 
Unamortized Compensation Expense at March 31, 2015 (1)
 
Weighted Average Remaining Amortization Period (Years)
Unvested at July 1, 2014

 

 
 
 
 
Performance-based awards granted
38,325

 
$
10.05

 
 
 
 
Market-based awards granted
17,961

 
4.26

 
 
 
 
Unvested at March 31, 2015
56,286

 
$
8.20

 
$
62,787

 
2.7
 
(1) Excludes $385,166 of potential future compensation expense for performance-based awards for which vesting is not considered probable at this time for accounting purposes.