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EARNINGS PER SHARE (Details) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Class of Stock [Line Items]        
Net Income $ 225,417 $ 113,705 $ 311,848 $ 160,817
Preferred Dividend Requirements:        
Total Dividend Requirements 32,018 32,018 64,036 64,036
Net Income - Common Stockholders $ 193,399 $ 81,687 $ 247,812 $ 96,781
Weighted Average Shares - Basic (in shares) 969,834 969,834 969,834 969,834
Dilutive Effect of Contingently Issuable Shares 1,033,334 1,033,334 1,033,334 1,033,334
Weighted Average Shares - Diluted (in shares) 2,003,168 2,003,168 2,003,168 2,003,168
Basic Earnings per Share $ 0.20 $ 0.08 $ 0.26 $ 0.10
Diluted Earnings per Share $ 0.11 $ 0.06 $ 0.16 $ 0.08
6% Prior Cumulative Preferred, $5 par value        
Preferred Dividend Requirements:        
Total Dividend Requirements $ 15,000 $ 15,000 $ 30,000 $ 30,000
5% Convertible Cumulative Preferred, $20 Par Value        
Preferred Dividend Requirements:        
Total Dividend Requirements $ 17,018 $ 17,018 $ 34,036 $ 34,036