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Fair Value Considerations (Tables) | 12 Months Ended
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Jun. 30, 2016
Fair Value Disclosures [Abstract] |
Financial Assets And Liabilities Not Measured At Fair Value On Recurring Basis [Table Text Block] | The following table presents Aytu’s financial liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016, by level within the fair value hierarchy:
|  | Fair Value Measurements Using |
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total |
June 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in Acerus |  | $ | 1,041,000 |  | $ | - |  | $ | - |  | $ | 1,041,000 |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant derivative liability |  | $ | - |  | $ | - |  | $ | 276,000 |  | $ | 276,000 |
Contingent consideration |  | $ | - |  | $ | - |  | $ | 3,869,000 |  | $ | 3,869,000 |
June 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in Acerus |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
LIABILITIES |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant derivative liability |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
Contingent consideration |  | $ | - |  | $ | - |  | $ | 664,000 |  | $ | 664,000 |
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block] | The estimated fair value of the Company’s marketable securities is determined using the quoted price in the active market based on the closing price as of the balance sheet date.
|  |  |  | Initial |  | Unrealized |  |  |  |
As of June 30, 2016 |  | Maturity in Years |  | Cost |  | Gains |  | Losses |  | Fair Value |
Investment in Acerus |  | Less than 1 year |  | $ | 2,013,000 |  | $ | 0 |  | $ | (972,000) |  | $ | 1,041,000 |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The following table sets forth a reconciliation of changes in the fair value of financial liabilities classified as Level 3 in the fair valued hierarchy:
|  | Derivative Instruments |
Balance as of June 30, 2015 |  | $ | - |
Warrant issuances |  |  | 400,000 |
Reclassification of warrant liability to equity upon note conversion |  |  | (137,000) |
Change in fair value included in earnings |  |  | 13,000 |
Balance as of June 30, 2016 |  | $ | 276,000 |

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- Definition Financial assets and liabilities not measured at fair value on recurring basis. + References No definition available. + Details
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- Definition Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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