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INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] | Intangible assets consist of the following:
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Land use rights, net |  | $ | 11,614,912 |  | $ | 11,723,976 |
Technology patent, net |  |  | 374,211 |  |  | 498,027 |
Customer relationships, net |  |  | 5,833,543 |  |  | 6,350,586 |
Non-compete agreement |  |  | 21,476 |  |  | 42,874 |
Trademarks |  |  | 6,621,890 |  |  | 6,609,680 |
Total |  | $ | 24,466,032 |  | $ | 25,225,143 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Estimated amortization expenses of intangible assets for the next five twelve months periods ended December 31, 2014, are as follows:
AMORTIZATION TABLE |  |  |
Year Ends |  | Expense ($) |
December 31, 2015 |  |  | 1,593,753 |
December 31, 2016 |  |  | 1,447,540 |
December 31, 2017 |  |  | 1,322,803 |
December 31, 2018 |  |  | 1,322,803 |
December 31, 2019 |  |  | 1,322,803 |
Use Rights [Member] |
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] | The Land Use Rights consist of the following:
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Land use rights |  | $ | 13,262,644 |  | $ | 13,238,189 |
Less: accumulated amortization |  |  | (1,647,732) |  |  | (1,514,213) |
Total land use rights, net |  | $ | 11,614,912 |  | $ | 11,723,976 |
Developed Technology Rights [Member] |
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] | The technology know-how consisted of the following:
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Technology know-how |  | $ | 2,452,714 |  | $ | 2,448,191 |
Less: accumulated amortization |  |  | (2,078,503) |  |  | (1,950,164) |
Total technology know-how, net |  | $ | 374,211 |  | $ | 498,027 |
Customer Relationships [Member] |
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] |
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Customer relationships |  | $ | 10,575,500 |  | $ | 10,556,000 |
Less: accumulated amortization |  |  | (4,741,957) |  |  | (4,205,414) |
Total customer relationships, net |  | $ | 5,833,543 |  | $ | 6,350,586 |
Noncompete Agreements [Member] |
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Impaired Intangible Assets [Table Text Block] |
|  | December 31, |  | June 30, |
|  | 2014 |  | 2014 |
Non-compete agreement |  | $ | 214,764 |  | $ | 214,368 |
Less: accumulated amortization |  |  | (193,288) |  |  | (171,494) |
Total non-compete agreement, net |  | $ | 21,476 |  | $ | 42,874 |

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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
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- Definition Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 + Details
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