NOTE 12 - SUBSEQUENT EVENTS	6 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]
NOTE 12 - SUBSEQUENT EVENTS	FONAR CORPORATION AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2015 and 2014 (Amounts and shares in thousands, except per share amounts) (UNAUDITED) NOTE 12- SUBSEQUENT EVENTS The Company has evaluated events that occurred subsequent to December 31, 2015 and through the date the condensed consolidated financial statements were issued. On January 4, 2016 the Company opened a new MRI center located in Nassau County, New York. The scanner and certain assets are being leased from Turnkey of Great Neck LLC. Certain employees of the company are members of this LLC. The lease is for a term of 48 months with monthly payments of $23,778. These payments are to commence one year after the signing of the lease. The lease can be renewed for an additional 36 months and the Company has the option to purchase the equipment at the end of the lease for $100,000.

NOTE 12 - SUBSEQUENT EVENTS

6 Months Ended

Dec. 31, 2015

NOTE 12 - SUBSEQUENT EVENTS

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2015 and 2014

(Amounts and shares in thousands, except per share amounts)

(UNAUDITED)

NOTE 12- SUBSEQUENT EVENTS

The Company has evaluated events that occurred subsequent to December 31, 2015 and through the date the condensed consolidated financial statements were issued.

On January 4, 2016 the Company opened a new MRI center located in Nassau County, New York. The scanner and certain assets are being leased from Turnkey of Great Neck LLC. Certain employees of the company are members of this LLC. The lease is for a term of 48 months with monthly payments of $23,778. These payments are to commence one year after the signing of the lease. The lease can be renewed for an additional 36 months and the Company has the option to purchase the equipment at the end of the lease for $100,000.