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STOCK-BASED COMPENSATION (Details Textual) (USD $)
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12 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
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Jun. 30, 2012
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Jun. 30, 2011
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Jun. 30, 2010
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May 31, 2008
Underwriter [Member]
Ipo [Member]
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Jun. 30, 2012
Stock Incentive Plan 2008 [Member]
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Jun. 30, 2009
Stock Incentive Plan 2008 [Member]
Management [Member]
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Jun. 30, 2012
Stock Incentive Plan 2008 [Member]
Management [Member]
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Jun. 30, 2012
Stock Incentive Plan 2009 [Member]
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Jun. 30, 2010
Stock Incentive Plan 2009 [Member]
Audit Committee [Member]
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Jun. 30, 2012
Stock Incentive Plan 2009 [Member]
Audit Committee [Member]
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| Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross | 0 | 0 | 174,000 | 10,000 | ||||||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights | The Options will vest at a rate of 20% per year, with 20% vesting initially on May 19, 2010. | |||||||||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 10 years | |||||||||
| Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ 7.43 | $ 7.43 | $ 7.43 | $ 7.75 | $ 3.37 | |||||
| Deferred Compensation Equity | $ 202,089 | $ 397,558 | ||||||||
| Allocated Share-based Compensation Expense | 195,469 | 195,469 | ||||||||
| Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Outstanding, Number | 138,000 | 138,000 | 138,000 | 128,000 | 10,000 | |||||
| Warrants Issued Number | 139,032 | |||||||||
| Warrants Exercise Terms | Each warrant has the right to purchase one share of common stock | |||||||||
| Weighted Aaverage ExercisePrice | $ 9.30 | $ 9.30 | ||||||||
| Warrants Expiration Period | 10 years | |||||||||
| Warrants Outstanding Fair Value | $ 214,451 | |||||||||