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SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock option activity

Following is a summary of stock option activity for the three months ended September 30, 2016 and 2015:

 

    2016     2015  
    Number of
Shares
    Weighted-Average
Exercise Price
    Number of
Shares
    Weighted-Average
Exercise Price
 
Outstanding at beginning of period     90,834     $ 1.95       106,668     $ 2.41  
Options granted                        
Options exercised     (25,000 )     (1.79 )            
Options canceled or expired                        
Outstanding at end of period     65,834     $ 2.01       106,668     $ 2.41  
Stock Options Exercisable at September 30,     65,834     $ 2.01       106,668     $ 2.41
Schedule of options outstanding and options exercisable

Following is a summary of information regarding options outstanding and exercisable at September 30, 2016:

 

    Options Outstanding & Exercisable  
Range of
Exercise Prices
  Number
Outstanding
    Weighted-Avg.
Remaining
Contractual Life
in Years
    Weighted-
Avg.
Exercise
Price
    Aggregate.
Intrinsic
Value
 
$0 to 2.50     62,500       4.98     $ 1.88     $ 168,500  
2.5  to 5.00     3,334       0.63       4.38     $ 667  
Total     65,834       4.76     $ 2.01     $ 169,167