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PROPERTY AND EQUIPMENT, NET | 12 Months Ended
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Jun. 30, 2017
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment Disclosure [Text Block] | NOTE 4- PROPERTY AND EQUIPMENT, NET Property and equipment consist of the following:
|  | June 30, 2017 |  | June 30, 2016 |
Buildings |  | $ | 10,516,245 |  | $ | 10,726,872 |
Building improvements |  |  | 51,797 |  |  | 52,834 |
Machinery and equipment |  |  | 474,888 |  |  | 443,846 |
Motor vehicles |  |  | 48,651 |  |  | 231,434 |
Construction in progress |  |  | 442,646 |  |  | 451,512 |
Office equipment |  |  | 153,836 |  |  | 208,022 |
Farmland leasehold improvements |  |  | 3,102,803 |  |  | 3,164,943 |
|  |  | 14,790,866 |  |  | 15,279,463 |
Less: accumulated depreciation and amortization |  |  | (4,470,470) |  |  | (4,244,264) |
Property, plant and equipment, net |  | $ | 10,320,396 |  | $ | 11,035,199 |
Depreciation and amortization expense charged to operations was $535,806 and $831,057 for the years ended June 30, 2017 and 2016, respectively. Farmland leasehold improvements consist of following:
|  | June 30, 2017 |  | June 30, 2016 |
Blueberry farmland leasehold reconstruction |  | $ | 2,383,711 |  | $ | 2,431,450 |
Yew tree planting base reconstruction |  |  | 267,064 |  |  | 272,412 |
Greenhouse renovation |  |  | 452,028 |  |  | 461,081 |
Total farmland leasehold improvements |  | $ | 3,102,803 |  | $ | 3,164,943 |

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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