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SHARE-BASED COMPENSATION (Details 3) (Restricted shares, USD $)
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Restricted shares
   
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]    
Outstanding at beginning of year 13,333 32,500
Granted      
Vested (6,667) (9,166)
Forfeited    (5,000)
Outstanding at end of period 6,666 18,334
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]    
Outstanding at beginning of year $ 1.73 $ 1.73
Granted      
Vested $ 1.73 $ 1.73
Forfeited    $ 1.73
Outstanding at end of period $ 1.73 $ 1.73