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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 30, 2015
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] | As of June 30, 2015, the Company performed the required impairment review which resulted in no impairment adjustment. Summary of changes in goodwill by reporting segments is as follows:
|  |  |  |  | Foreign |  |  |  |
|  | Balance at |  | Currency |  | Balance at |
Entity |  | June 30, 2014 |  | Adjustment |  | June 30, 2015 |
Gufeng |  | $ | 5,203,986 |  | $ | 41,657 |  | $ | 5,245,643 |
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, |
|  | 2015 |  | 2014 |  | 2013 |
Net Income for Basic Earnings Per Share |  | $ | 31,445,126 |  | $ | 25,514,695 |  | $ | 44,774,048 |
Basic Weighted Average Number of Shares |  |  | 33,983,698 |  |  | 31,403,001 |  |  | 27,775,964 |
Net Income per Share – Basic |  | $ | 0.93 |  | $ | 0.81 |  | $ | 1.61 |
Net Income for Diluted Earnings Per Share |  |  | 31,445,126 |  |  | 25,514,695 |  |  | 44,774,048 |
Diluted Weighted Average Number of Shares |  |  | 33,983,698 |  |  | 31,403,001 |  |  | 27,775,964 |
Net Income per Share – Diluted |  | $ | 0.93 |  | $ | 0.81 |  | $ | 1.61 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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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 Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: 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=35741047&loc=d3e13854-109267 + Details
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