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STOCK OPTIONS, INTRINSIC VALUE AND CASH RECEIVED ON EXERCISES, FAIR VALUE OF VESTED OPTIONS (Details) - USD ($) | 12 Months Ended
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Jun. 30, 2016 | Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |  |
Total intrinsic value of stock options exercised | $ 0 | $ 0
Cash received from stock option exercises | 0 | 0
Total fair value of stock options vested | $ 583,727 | $ 696,958

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- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercised, Intrinsic Value + References No definition available. + Details
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- Definition Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Fair Value + References No definition available. + Details
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- References No definition available. + Details
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- Definition Aggregate proceeds received by the entity during the annual period from exercises of stock or unit options and conversion of similar instruments granted under equity-based payment arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (j) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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