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LOANS RECEIVABLE FROM PROPERTY DEVELOPMENT PROJECTS (Details Narrative) (USD $) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012
Loan income receivable | $ (205,000) | $ 56,000 | $ (41,000) | $ 310,000
Other income | 46,000 | 33,000 | 90,000 | 63,000
JiaSheng RMB [Member] |  |  |  |
Loan income receivable |  |  | 5,000,000 |
Guaranteed income |  |  | 1,250,000 |
Other income |  |  | 625,000 |
JiaSheng [Member] |  |  |  |
Loan income receivable |  |  | 826,000 |
Guaranteed income |  |  | 196,000 |
Other income |  |  | 102,000 |
JiangHuai RMB [Member] |  |  |  |
Loan income receivable |  |  | 2,000,000 |
Guaranteed income |  |  | 400,000 |
Other income |  |  |  |
Allwance for doubtful receivables |  |  | 330,000 |
JiangHuai [Member] |  |  |  |
Loan income receivable |  |  | 330,000 |
Guaranteed income |  |  | 66,000 |
Other income |  |  |  | $ 26,000

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- Definition Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.4) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 4 -Article 7 + Details
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- Definition The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Audit and Accounting Guide (AAG) -Number AAG-BRD -Paragraph 80 -Subparagraph Exhibit 4-4 -IssueDate 2006-05-01 -Chapter 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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