NOTE 17 - SUPPLEMENTAL CASH FLOW INFORMATION

12 Months Ended

Jun. 30, 2012

Supplemental Cash Flow Elements [Abstract]

NOTE 17 - SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 17 - SUPPLEMENTAL CASH FLOW INFORMATION

During the years ended June 30, 2012 and 2011, the Company paid $168,062 and $309,003 for interest, respectively.

During the years ended June 30, 2012 and 2011, the Company paid $116,125 and $0 for income taxes, respectively.

Non-cash investing and financing activities related to business combinations:

	October 1, 2010 Acquisition			January 1, 2011 Acquisition			Total
Accounts receivable	$	182,000		$	—		$	182,000
Property & equipment	$	2,288,703		$	303,659		$	2,592,362
Management agreement	$	—		$	513,333		$	513,333
Other assets	$	—		$	45,784		$	45,784
Other current liabilities	$	(13,955	)	$	—		$	(13,955	)
Accounts payable	$	—		$	(47,026	)	$	(47,026	)
Notes payable	$	(2,427,784	)	$	(530,650	)	$	(2,958,434	)
Paid in capital	$	(28,964	)	$	—		$	(28,964	)
Non-controlling interests	$	—		$	(491,328	)	$	(491,328	)
Reclassification of investment   from other assets	$	—		$	(82,957	)	$	(82,957	)