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Property and Equipment | 3 Months Ended
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Sep. 30, 2019
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | NOTE 4 - PROPERTY AND EQUIPMENT Property and equipment consist of the following:
|  | September 30, 2019 |  |  | June 30, 2019 |
Buildings |  | $ | 11,414,743 |  |  | $ | 11,994,407 |
Building improvements |  |  | - |  |  |  | 79,628 |
Machinery and equipment |  |  | 852,343 |  |  |  | 930,109 |
Motor vehicles |  |  | 46,191 |  |  |  | 81,541 |
Construction in progress |  |  | 75,425 |  |  |  | 78,407 |
Office equipment |  |  | 232,293 |  |  |  | 219,605 |
Farmland leasehold improvements |  |  | 2,945,934 |  |  |  | 3,062,410 |
|  |  | 15,566,929 |  |  |  | 16,446,107 |
Less: accumulated depreciation and amortization |  |  | (5,615,813 | ) |  |  | (5,778,377 | )
Property and equipment, net |  | $ | 9,951,116 |  |  | $ | 10,667,730 |
Depreciation and amortization expense charged to operations was US$ 178,215 and US$ 186,852 for the three months ended September 30, 2019 and 2018, respectively. Farmland leasehold improvements consist of following:
|  | September 30, 2019 |  |  | June 30, 2019 |
Blueberry farmland leasehold improvements |  | $ | 2,263,197 |  |  | $ | 2,352,679 |
Yew tree planting base reconstruction |  |  | 253,562 |  |  |  | 263,587 |
Greenhouse renovation |  |  | 429,175 |  |  |  | 446,144 |
Total farmland leasehold improvements |  | $ | 2,945,934 |  |  | $ | 3,062,410 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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