SHARE-BASED COMPENSATION (Details)	6 Months Ended
	Dec. 31, 2016 $ / shares shares
Shares, Options outstanding, beginning of year | shares	66,000
Shares, Granted | shares	950,000
Shares, Canceled, forfeited or expired | shares	0
Shares, Options outstanding, end of year | shares	1,016,000
Shares, Options exercisable, end of year | shares	137,000
Weighted Average Exercise Price, Options outstanding, beginning of year | $ / shares	$ 6.88
Weighted Average Exercise Price, Granted | $ / shares	2.78
Weighted Average Exercise Price, Canceled, forfeited or expired | $ / shares	0
Weighted Average Exercise Price, Options outstanding, end of year | $ / shares	3.05
Weighted Average Exercise Price, Options exercisable, end of year | $ / shares	$ 3.86