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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 30, 2012
Accounting Policies [Abstract] |
Schedule Of Estimated Useful Life Of Fixed Assets [Table Text Block] | Depreciation for financial reporting purposes is provided using the straight-line method over the estimated useful lives of the assets:
| Estimated Useful Life
Building | 10-25 years
Agricultural assets | 8 years
Machinery and equipment | 5-15 years
Vehicles | 3-5 years
Schedule of Goodwill [Table Text Block] | Summary of changes in goodwill by reporting segments is as follows:
|  |  |  |  | Foreign |  |  |  |
|  | Balance at |  |  | Currency |  |  | Balance at |
Entity |  | June 30, 2011 |  |  | Adjustment |  |  | June 30, 2012 |
Gufeng |  | $ | 4,957,245 |  |  | $ | 118,564 |  |  | $ | 5,075,809 |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The components of basic and diluted earnings per share consist of the following:
|  | For the Years Ended June 30, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Net Income for Basic Earnings Per Share |  | $ | 41,957,825 |  |  | $ | 32,914,101 |  |  | $ | 21,289,758 |
Basic Weighted Average Number of Shares |  |  | 26,943,530 |  |  |  | 25,929,517 |  |  |  | 23,468,246 |
Net Income per Share – Basic |  | $ | 1.56 |  |  | $ | 1.27 |  |  | $ | 0.91 |
Net Income for Diluted Earnings Per Share |  | $ | 41,957,825 |  |  | $ | 32,914,101 |  |  | $ | 21,289,758 |
Diluted Weighted Average Number of Shares |  |  | 26,943,530 |  |  |  | 25,929,517 |  |  |  | 23,468,246 |
Net Income per Share – Diluted |  | $ | 1.56 |  |  | $ | 1.27 |  |  | $ | 0.91 |

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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.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. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -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. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -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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