XML 83 R67.htm IDEA: XBRL DOCUMENT v3.7.0.1
Income Taxes - Reconciliation of Statutory and Income Tax Expense (Details) - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Effective Income Tax Rate Reconciliation, Amount [Abstract]      
Income tax provision computed at the statutory federal rate $ 4,380,892 $ 11,638,588 $ 2,868,267
Depletion in excess of basis (92,196) (2,242,620) 0
State income taxes, net of federal tax benefit 522,713 196,415 595,708
Permanent differences related to stock-based compensation 27,884 0 0
Other 1,371 (21,604) (19,754)
Total income tax provision $ 4,840,664 $ 9,570,779 $ 3,444,221
Effective Income Tax Rate Reconciliation, Percent [Abstract]      
Income tax provision computed at the statutory federal rate 34.00% 34.00% 34.00%
Depletion in excess of basis (0.70%) (6.60%) 0.00%
State income taxes, net of federal tax benefit 4.10% 0.60% 7.10%
Permanent differences related to stock-based compensation 0.20% 0.00% 0.00%
Other 0.00% (0.10%) (0.20%)
Income tax provision 37.60% 27.90% 40.90%