EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Jun. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Schedule of Expected Benefit Payments [Table Text Block]

Future expected contributions for the funding of officers’ deferred compensation are as follows:

2016	$	196,000
2017		120,000
2018		120,000
2019		120,000
2020 and thereafter		278,000
	$	834,000