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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Dec. 31, 2013
Earnings Per Share [Abstract] |
Computation for Basic and Diluted Earning Per Share | The following table sets forth the computation for basic and diluted EPS:
|  | Six Months Ended December 31,
|  | 2013 |  | 2012
Income (loss) from continuing operations |  | $ | (966,442 | ) |  | $ | 270,772 |
Loss from discontinued operations |  | (236,178 | ) |  | (55,987 | )
Net income (loss) |  | $ | (1,202,620 | ) |  | $ | 214,785 |
Weighted average number of outstanding shares |  |  |  |
Basic |  | 15,471,816 |  |  | 15,481,547 |
Effect of dilutive securities |  |  |  |
Employee stock options |  | — |  |  | — |
Diluted |  | 15,471,816 |  |  | 15,481,547 |
Earnings (loss) per share |  |  |  |
Basic |  |  |  |
Income (loss) from continuing operations |  | $ | (0.06 | ) |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.01 |
Diluted |  |  |  |
Income (loss) from continuing operations |  | $ | (0.06 | ) |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.01 |
|  | Three Months Ended December 31,
|  | 2013 |  | 2012
Income (loss) from continuing operations |  | $ | (957,674 | ) |  | $ | 177,732 |
Loss from discontinued operations |  | (207,533 | ) |  | (11,747 | )
Net income (loss) |  | $ | (1,165,207 | ) |  | $ | 165,985 |
Weighted average number of outstanding shares |  |  |  |
Basic |  | 15,472,370 |  |  | 15,487,207 |
Effect of dilutive securities |  |  |  |
Employee stock options |  | — |  |  | — |
Diluted |  | 15,472,370 |  |  | 15,487,207 |
Earnings (loss) per share |  |  |  |
Basic |  |  |  |
Income (loss) form continuing operations |  | $ | (0.06 | ) |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.01 |
Diluted |  |  |  |
Income (loss) form continuing operations |  | $ | (0.06 | ) |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.01 |

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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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