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Earnings (Loss) per Common Share (Tables)
12 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted income (loss) per share The following table sets forth the computation of basic and diluted net income per share:
 June 30,
 20212020
Numerator  
Net income (loss) attributable to common stockholders$(16,437,934)$5,937,072 
Denominator  
Weighted average number of common shares – Basic33,263,701 33,031,149 
Effect of dilutive securities:  
Contingent restricted stock grants— 1,942 
Weighted average number of common shares and dilutive potential common shares used in diluted earnings (loss) per share33,263,701 33,033,091 
Net earnings (loss) per common share – Basic$(0.49)$0.18 
Net earnings (loss) per common share – Diluted$(0.49)$0.18 
Schedule of outstanding potentially dilutive securities
Outstanding Potentially Dilutive SecuritiesWeighted
Average
Exercise Price
Outstanding at June 30, 2021
Contingent Restricted Stock grants$— 323,080 
Outstanding Potential Dilutive SecuritiesWeighted
Average
Exercise Price
Outstanding at June 30, 2020
Contingent Restricted Stock grants$— 200,000