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LOAN PAYABLES (Details Textual) - USD ($) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2015 | Dec. 31, 2014 | Jun. 30, 2015
Debt Instrument [Line Items] |  |  |
Interest Expense, Short-term Borrowings | $ 731,679 | $ 815,659 |
Loans Payable [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum | 5.20% |  | 5.60%
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Maximum | 6.96% |  | 7.80%

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- Definition Maximum contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Minimum contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The aggregate interest expense incurred on short-term borrowings including commercial paper and Federal funds purchased and securities sold under agreements to repurchase. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.7) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 + Details
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