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Stockholders' Equity (Tables) | 9 Months Ended
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Mar. 31, 2017
Equity [Abstract] |
Schedule of preferred stock called for redemption | The redemption occurred on November 14, 2016 at the issue's $25.00 per share liquidation value plus all accumulated and unpaid distributions from October 31, 2016 (the last dividend payment date before the redemption date) through the redemption date, for an aggregate redemption price of approximately $25.082639 per share:
Consideration paid to preferred shareholders at redemption at liquidation preference | $ | 7,932,975 |
Payments for dividends accrued at September 30, 2016 (1) | $ | 82,415 |
(1) Includes the monthly dividend for October 2016 declared by the Company.

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