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STOCK OPTIONS (Details 3) - 2007 Directors Equity Incentive Plan [Member] - USD ($) $ / shares in Units, $ in Thousands | 9 Months Ended
--- | ---
Mar. 31, 2017 | Mar. 31, 2016
Summary of option activities under the 2007 Directors Equity Incentive Plan |  |
Outstanding at beginning of period | 415,000 | 365,000
Granted, Options | 50,000 | 200,000
Exercised, Options | 0 | 0
Forfeited or expired, Options | (50,000) | (150,000)
Options outstanding | 415,000 | 415,000
Exercisable at end of period | 415,000 | 415,000
Outstanding at beginning of period, Weighted- Average Exercise Price | $ 3.14 | $ 3.65
Granted, Weighted- Average Exercise Price | 4.14 | 3.12
Exercised, Weighted- Average Exercise Price | 0.00 | 0.00
Forfeited or expired, Weighted- Average Exercise Price | 2.30 | (4.35)
Outstanding at end of period, Weighted- Average Exercise Price | 3.36 | 3.14
Exercisable at end of period, Weighted- Average Exercise Price | $ 3.36 | $ 3.14
Outstanding at beginning of period, Weighted - Average Remaining Contractual Term (Years) | 3 years 3 months 14 days | 1 year 11 months 26 days
Granted, Weighted - Average Remaining Contractual Term (Years) | 5 years | 3 years 6 months 14 days
Outstanding at end of period, Weighted - Average Remaining Contractual Term (Years) | 3 years 2 months 5 days | 4 years 11 months 19 days
Exercisable at end of period, Weighted - Average Remaining Contractual Term (Years) | 3 years 2 months 5 days | 4 years 11 months 19 days
Aggregate Intrinsic Value |  |
Outstanding at beginning of period | $ 198 | $ 53
Granted, Aggregate Intrinsic Value | 0 | 0
Exercised, Aggregate Intrinsic Value | 0 | 0
Forfeited or expired, Aggregate Intrinsic Value | 0 | 0
Outstanding at end of period | 325 | 91
Exercisable at end of period, Aggregate Intrinsic Value | $ 325 | $ 91

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