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Note 3 - Earnings Per Share (Tables) | 12 Months Ended
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Jun. 30, 2014
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | For the year ended June 30, 2014 |
|  | Net Loss |  |  | Shares |  |  | Per Share |
Basic loss per share: |  |  |  |  |  |  |  |  |
Net loss available to common shareholders |  | $ | (11,356,047 | ) |  |  | 9,063,345 |  |  | $ | (1.25 | )
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | - |  |  |  | - |  |  |  | - |
Warrants |  |  | - |  |  |  | - |  |  |  | - |
Diluted loss per share |  | $ | (11,356,047 | ) |  |  | 9,063,345 |  |  | $ | (1.25 | )
|  | For the year ended June 30, 2013 |
|  | Net Income |  |  | Shares |  |  | Per Share |
Basic income per share: |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 7,863,143 |  |  |  | 8,201,247 |  |  | $ | 0.96 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | - |  |  |  | 47,168 |  |  |  | - |
Warrants |  |  | - |  |  |  | 40,536 |  |  |  | - |
Diluted income per share |  | $ | 7,863,143 |  |  |  | 8,288,951 |  |  | $ | 0.95 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] |
|  | As of June 30, |
|  | 2014 |  |  | 2013 |
Stock Options |  |  | 232,059 |  |  |  | - |
Warrants |  |  | 3,295 |  |  |  | - |
|  |  | 235,354 |  |  |  | - |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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