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SEGMENT REPORTING (Tables) | 12 Months Ended
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Jun. 30, 2012
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The following tables present a summary of our businesses’ and operating segments’ results.
|  | For the Year Ended June 30, |
|  | 2012 |  |  | 2011 |  |  | 2010 |
Revenues from unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 88,168,740 |  |  | $ | 65,629,264 |  |  | $ | 45,816,377 |
Gufeng |  |  | 121,480,943 |  |  |  | 107,081,018 |  |  |  | - |
Jintai |  |  | 5,792,002 |  |  |  | 6,826,933 |  |  |  | 6,274,375 |
Yuxing |  |  | 2,082,520 |  |  |  | 180,750 |  |  |  | - |
Consolidated |  | $ | 217,524,205 |  |  | $ | 179,717,966 |  |  | $ | 52,090,752 |
Operating income : |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 43,636,915 |  |  | $ | 34,051,094 |  |  | $ | 25,160,683 |
Gufeng |  |  | 18,211,687 |  |  |  | 15,288,871 |  |  |  | - |
Jintai |  |  | (1,863,529 | ) |  |  | (96,343 | ) |  |  | 2,640,016 |
Yuxing |  |  | (352,996 | ) |  |  | (296,832 | ) |  |  | (181,313 |
Reconciling item (1) |  |  | - |  |  |  | - |  |  |  | - |
Reconciling item (2) |  |  | (2,482,232 | ) |  |  | (3,230,124 | ) |  |  | (997,316 | )
Reconciling item (2)--stock compensation |  |  | (3,224,835 | ) |  |  | (3,605,235 | ) |  |  | (1,695,449 | )
Consolidated |  | $ | 53,925,010 |  |  | $ | 42,111,431 |  |  | $ | 24,926,621 |
Net income: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 37,363,672 |  |  | $ | 29,139,457 |  |  | $ | 21,502,252 |
Gufeng |  |  | 12,335,102 |  |  |  | 10,995,984 |  |  |  | - |
Jintai |  |  | (1,863,235 | ) |  |  | (96,244 | ) |  |  | 2,640,233 |
Yuxing |  |  | (170,996 | ) |  |  | (293,914 | ) |  |  | (181,304 | )
Reconciling item (1) |  |  | 347 |  |  |  | 4,178 |  |  |  | 21,342 |
Reconciling item (2) |  |  | (5,707,065 | ) |  |  | (6,835,360 | ) |  |  | (2,692,765 | )
Consolidated |  | $ | 41,957,825 |  |  | $ | 32,914,101 |  |  | $ | 21,289,758 |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 2,347,530 |  |  | $ | 2,686,524 |  |  | $ | 2,299,483 |
Gufeng |  |  | 2,878,037 |  |  |  | 2,711,483 |  |  |  | - |
Jintai |  |  | 128,563 |  |  |  | 124,139 |  |  |  | 119,973 |
Yuxing |  |  | 638,736 |  |  |  | 226,112 |  |  |  | 178,661 |
Consolidated |  | $ | 5,992,866 |  |  | $ | 5,748,258 |  |  | $ | 2,598,117 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | - |  |  | $ | - |  |  | $ | 112,475 |
Gufeng |  |  | 1,590,620 |  |  |  | 466,912 |  |  |  | - |
Reconciling item (2) |  |  | - |  |  |  | - |  |  |  |  |
Consolidated |  | $ | 1,590,620 |  |  | $ | 466,912 |  |  | $ | 112,475 |
Capital Expenditure: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 7,935,098 |  |  | $ | 6,492,775 |  |  | $ | 4,243,089 |
Gufeng |  |  | - |  |  |  | 8,229,092 |  |  |  | - |
Jintai |  |  | - |  |  |  | 3,291 |  |  |  | 180,686 |
Yuxing |  |  | 3,948,849 |  |  |  | 11,521,005 |  |  |  | 12,100,919 |
Consolidated |  | $ | 11,883,947 |  |  | $ | 26,246,163 |  |  | $ | 16,524,694 |
Identifiable assets: |  |  |  |  |  |  |  |  |  |  |  |
Jinong |  | $ | 221,575,406 |  |  | $ | 111,956,641 |  |  | $ | 103,519,520 |
Gufeng |  |  | 57,657,305 |  |  |  | 67,260,447 |  |  |  | - |
Jintai |  |  | 6,670,058 |  |  |  | 14,001,793 |  |  |  | 12,198,845 |
Yuxing |  |  | 1,851,745 |  |  |  | 24,354,406 |  |  |  | 12,748,003 |
Reconciling item (1) |  |  | 280,445 |  |  |  | 969,963 |  |  |  | 3,311,943 |
Reconciling item (2) |  |  | (3,906 | ) |  |  | 4,827,737 |  |  |  | 9,631 |
Consolidated |  | $ | 288,031,053 |  |  | $ | 223,370,987 |  |  | $ | 131,787,942 |
(1) Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey. (2) Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.
Export [Member] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Revenues generated from exported products were less than 1% of the Company’s total fertilizer revenues in fiscal 2010, prior to the Company’s acquisition of Gufeng. FY2012 Export Details
Export to |  | Subsidiary |  | Type |  | Amount ($) |
India |  | Gufeng |  | 40% humic acid organic/inorganic fertilizer |  |  | 31,330,724 |
India |  | Jinong |  | Liquid Fertilizer |  |  | 77,576 |
India |  | Jinong |  | Solid Fertilizer |  |  | 60,538 |
Ghana |  | Jinong |  | Liquid Fertilizer |  |  | 75,984 |
Total |  |  |  |  |  |  | 31,544,822 |
F-21
FY2011 Export Details
Export to |  | Subsidiary |  | Type |  | Amount ($) |
India |  | Gufeng |  | Blended Compound Fertilizer |  |  | 40,835,834 |
India |  | Jinong |  | Liquid Fertilizer |  |  | 42,581 |
India |  | Jinong |  | Solid Fertilizer |  |  | 38,479 |
Ecuador |  | Jinong |  | Liquid Fertilizer |  |  | 3,740 |
Surinam |  | Jinong |  | Liquid Fertilizer |  |  | 1,159 |
Total |  |  |  |  |  |  | 40,921,793 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: 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 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 + Details
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