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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - shares
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Weighted Average Number Of Shares [Line Items]    
Basic weighted average outstanding shares (in shares) 4,463,912 4,844,537
Effect of dilutive stock options (in shares) 12,272 0
Diluted weighted average outstanding shares (in shares) 4,476,184 4,844,537