XML 74 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Note 10 - Goodwill | 6 Months Ended
--- | ---
Dec. 31, 2012
Goodwill Disclosure [Text Block] | NOTE 10 – GOODWILL Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in businesses combinations. Goodwill was comprised of the following amounts:
|  | As of December 31, 2012 |  |  | As of June 30, 2012 |
Asia Pacific |  | $ | 1,303,372 |  |  | $ | 1,303,372 |
Europe |  |  | 3,685,858 |  |  |  | 3,685,858 |
USA |  |  | 4,664,100 |  |  |  | 4,664,100 |
Total |  | $ | 9,653,330 |  |  | $ | 9,653,330 |
On October 4, 2011, the Company entered into an agreement to acquire a UK based company, Virtual Leasing Services Limited, through one of its subsidiaries. As a result of this acquisition, the Company recorded goodwill of $214,044. The Company has determined that there was no impairment of the goodwill for either period presented.

X
- Definition The entire disclosure for goodwill. + References No definition available. + Details
Name: | us-gaap_GoodwillDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration