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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Dec. 31, 2014
Stockholders' Equity Attributable to Parent [Abstract]  
Stockholders' Equity
The following table summarizes the changes in stockholders’ equity for the six months ended December 31, 2014 and 2013:
 
 
 
Six Months Ended
 
 
December 31
 
 
2014
 
2013
Net income (loss)
 
$
70,588

 
$
(3,373,439
)
Dividends declared
 

 
(885,925
)
Stock-based compensation expense
 
318,491

 
344,352

Income tax benefit from dividends paid to employee stock ownership plan
 

 
12,432

Increase (decrease) in stockholders' equity
 
$
389,079

 
$
(3,902,580
)