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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Mar. 31, 2014
Earnings Per Share [Abstract] |
Computation for Basic and Diluted Earning Per Share | The following table sets forth the computation for basic and diluted EPS:
|  | Nine Months Ended March 31, |  | Three Months Ended March 31,
|  | 2014 |  | 2013 |  | 2014 |  | 2013
Income (loss) from continuing operations |  | $ | (992,505 | ) |  | $ | 386,398 |  |  | $ | (26,063 | ) |  | $ | 115,627 |
Loss from discontinued operations |  | (238,094 | ) |  | (130,446 | ) |  | (1,916 | ) |  | (74,460 | )
Net income (loss) |  | $ | (1,230,599 | ) |  | $ | 255,952 |  |  | $ | (27,979 | ) |  | $ | 41,167 |
Weighted average number of outstanding shares |  |  |  |  |  |
Basic |  | 15,466,280 |  |  | 15,484,371 |  |  | 15,454,932 |  |  | 15,490,020 |
Effect of dilutive securities |  |  |  |  |  |  |  |
Employee stock options |  | — |  |  | — |  |  | — |  |  | — |
Diluted |  | 15,466,280 |  |  | 15,484,371 |  |  | 15,454,932 |  |  | 15,490,020 |
Earnings (loss) per share |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |
Income (loss) from continuing operations |  | $ | (0.06 | ) |  | $ | 0.02 |  |  | $ | — |  |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |  |  | — |  |  | (0.01 | )
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.02 |  |  | $ | — |  |  | $ | — |
Diluted |  |  |  |  |  |  |  |
Income (loss) from continuing operations |  | $ | (0.06 | ) |  | $ | 0.02 |  |  | $ | — |  |  | $ | 0.01 |
Loss from discontinued operations |  | (0.02 | ) |  | 0.00 |  |  | — |  |  | (0.01 | )
Net income (loss) |  | $ | (0.08 | ) |  | $ | 0.02 |  |  | $ | — |  |  | $ | — |

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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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