XML 87 R75.htm IDEA: XBRL DOCUMENT v3.22.2.2
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Feb. 29, 2016
Jun. 30, 2022
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]      
Operating Leases, Rent Expense   $ 5,668,000 $ 6,146,000
Property Tax Abatement From Suffolk County IDA 50.00%    
Property Tax Abatement $ 440,000    
Employee Stock Ownership Plan (ESOP), Cash Contributions to ESOP   $ 0 $ 36,799
Litigation Settelement Description   In September 2020, the Company entered into a settlement agreement with an unrelated third party for a claim made during March 2018 which was scheduled for arbitration. The settlement was for $1.2 million of which $900,000 was paid by the Company’s insurance on September 15, 2020 with the remaining $315,000 paid by the Company on September 28, 2020. In September 2019, The Company was notified by one of its landlords that it was required to vacate the premises within 180 days under the demolition clause in the lease. The Company believes the lease renewal which was not negotiated in good faith since the renewal was negotiated in February 2018. The Company is in the process of relocating to a new location but the original lease provided for penalty payments in the event that the Company had not vacated the leased space. The Company has been making normal rent payments throughout the course of the arbitration proceedings. The Company settled the case for $900,000 for the leasehold holdover charges which was paid in August 2021.
Liability for individual claims   $ 110,000  
Liability for Claims and Claims Adjustment Expense, Disability, Accident and Health   $ 79,000 $ 63,000