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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Total
Common Shares [Member]
Premium on Common Shares [Member]
Retained Earnings [Member]
Balance at Jun. 30, 2015 $ 77,221,654 $ 7,026,500 $ 48,735,608 $ 21,459,546
Net Income (Loss) (524,457) 0 0 (524,457)
Issuance of common shares 147,731 7,222 140,509 0
Issuance of common shares under the incentive compensation plan, net of cancellations (240,900) 31,210 (272,110) 0
Share-based compensation expense 245,987 0 245,987 0
Excess Tax benefit from share-based compensation (5,508) 0 (5,508) 0
Dividends on common shares (1,453,344) 0 0 (1,453,344)
Balance at Sep. 30, 2015 75,391,163 7,064,932 48,844,486 19,481,745
Balance at Jun. 30, 2016 77,726,969 7,087,762 49,472,542 21,166,665
Net Income (Loss) (457,985) 0 0 (457,985)
Issuance of common shares 141,096 5,915 135,181 0
Issuance of common shares under the incentive compensation plan, net of cancellations (266,005) 22,704 (288,709) 0
Share-based compensation expense 264,004 0 264,004 0
Dividends on common shares (1,476,423) 0 0 (1,476,423)
Balance at Sep. 30, 2016 $ 75,931,656 $ 7,116,381 $ 49,583,018 $ 19,232,257