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PRODUCT WARRANTY OBLIGATIONS (Tables) | 12 Months Ended
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Jun. 30, 2014
Standard Product Warranty Disclosure [Abstract] |
Schedule of Product Warranty Liability | Changes to the product warranty obligations for the years ended June 30, 2014 and 2013 are as follows:
Year Ended June 30, |  | Balance, beginning of year |  | Provision charged to expense |  | Warranty expenses incurred |  | Balance, end of year
2014 |  | $ | 1,111,500 |  |  | 97,300 |  |  | (486,176 | ) |  | $ | 722,624 |
2013 |  | $ | 1,132,500 |  |  | 541,585 |  |  | (562,585 | ) |  | $ | 1,111,500 |

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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249 + Details
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