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Restricted Net Assets (Details) - USD ($) | Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2014
--- | --- | --- | ---
Current Assets: |  |  |
Cash and cash equivalents | $ 102,896,486 | $ 92,982,564 | $ 26,890,321
Total Current Assets | 335,581,234 | 304,184,346 |
Total Assets | 418,782,527 | 429,582,618 |
Current Liabilities: |  |  |
Accounts payable | 5,246,153 | 2,372,130 |
Amount due to related parties | 2,473,004 | 2,068,102 |
Other payables and accrued expenses | 16,414,392 | 4,952,977 |
Total Current Liabilities | 48,298,195 | 56,633,144 |
Stockholders' Equity |  |  |
Common stock, $.001 par value, 115,197,165 shares authorized, 37,648,605 and 35,905,198, shares issued and outstanding as of June 30, 2016 and 2015, respectively | 37,648 | 35,905 |
Additional paid in capital | 127,593,932 | 123,360,384 |
Accumulated other comprehensive income (loss) | (5,696,388) | 25,708,238 |
Retained earnings | 221,345,279 | 198,814,259 |
Total Stockholders' Equity | 370,484,332 | 372,949,474 | 332,039,792
Total Liabilities and Stockholders' Equity | 418,782,527 | 429,582,618 |
Parent Company [Member] |  |  |
Current Assets: |  |  |
Cash and cash equivalents | 167,495 | 306,376 | $ 117,939
Other current assets | 70 | 2,977 |
Total Current Assets | 167,565 | 309,353 |
Long-term equity investment | 376,321,912 | 377,245,446 |
Total long term assets | 376,321,912 | 377,245,446 |
Total Assets | 376,489,477 | 377,554,799 |
Current Liabilities: |  |  |
Accounts payable | 214,520 | 214,520 |
Amount due to related parties | 1,388,743 | 888,743 |
Other payables and accrued expenses | 4,401,882 | 3,502,062 |
Total Current Liabilities | 6,005,145 | 4,605,325 |
Stockholders' Equity |  |  |
Common stock, $.001 par value, 115,197,165 shares authorized, 37,648,605 and 35,905,198, shares issued and outstanding as of June 30, 2016 and 2015, respectively | 37,648 | 35,905 |
Additional paid in capital | 127,593,932 | 123,360,384 |
Accumulated other comprehensive income (loss) | (5,696,388) | 25,708,238 |
Retained earnings | 248,549,140 | 223,844,947 |
Total Stockholders' Equity | 370,484,332 | 372,949,474 |
Total Liabilities and Stockholders' Equity | $ 376,489,477 | $ 377,554,799 |

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