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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) | 12 Months Ended
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Jun. 30, 2015 USD ($) Agreements shares | Jun. 30, 2014 USD ($) shares | Jun. 30, 2013 USD ($) shares
Maintenance and Repair Expenses | $ 1,037,000 | $ 1,037,000 | $ 598,000
Management Agreements with Company - Non Related Medical Practices | Agreements | 17 |  |
Management Agreements with Company - Related Medical Practices | Agreements | 3 |  |
Management Agreements with Company - Total Medical Practices | Agreements | 20 |  |
Advertising Costs | $ 894,000 | 889,000 | 835,000
Shipping and Handling Expense | $ 9,293 | $ 1,885 | $ 5,838
Number of shares added to diluted EPS upon conversion of Class C Common | shares | 127,504 | 127,504 | 127,504
Cash on Deposit in Bank | $ 7,038,000 |  |
Cash FDIC insured Amount | $ 250,000 |  |
Net revenues from related parties as a percentage of consolidated net revenues | 11.00% | 11.00% | 16.00%
Net management fee receivables from the related medical practices as a percentage of the consolidated accounts receivable | 12.00% | 12.00% | 9.00%
Diagnostic Imaging Facility |  |  |
Contractual fees per month for services rendered minimum | $ 100,000 |  |
Contractual fees per month for services rendered maximum | 242,000 |  |
Lease fee per month for medical equipment for managed centers | $ 2,000 |  |

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- Definition As of June 30, 2014, the Company has twenty management agreements of which three are with PC&#8217;s owned by Raymond V. Damadian, M.D., President and Chairman of the Board of FONAR (&#8220;the Related medical practices&#8221;) and seventeen are with PC&#8217;s, which are all located in the state of New York (&#8220;the New York PC&#8217;s&#8221;), owned by two unrelated radiologists. + References No definition available. + Details
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- Definition As of June 30, 2014, the Company has twenty management agreements of which three are with PC&#8217;s owned by Raymond V. Damadian, M.D., President and Chairman of the Board of FONAR (&#8220;the Related medical practices&#8221;) and seventeen are with PC&#8217;s, which are all located in the state of New York (&#8220;the New York PC&#8217;s&#8221;), owned by two unrelated radiologists. + References No definition available. + Details
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