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EMPLOYEE BENEFIT PLAN
6 Months Ended
Dec. 31, 2011
Compensation and Retirement Disclosure [Abstract]  
Compensation and Employee Benefit Plans [Text Block]

14. EMPLOYEE BENEFIT PLAN

 

Holdings has a 401(k) plan for the benefit of employees. Essentially all Holdings employees are eligible to participate. The Company also contributes to the plan under a safe harbor plan requiring a 3% contribution for all eligible participants. In addition, the Company may contribute a 3% elective match. Contributions and other costs of the plan included in the accompanying financial statements for the three and six months ended December 31, 2011were $3,843 and $12,150, respectively.