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INTEREST EXPENSE (Notes)
12 Months Ended
Jun. 30, 2012
Interest [Abstract]  
INTEREST EXPENSE
INTEREST EXPENSE

The Company incurs interest expense primarily related to its secured credit facility (see Note 8) and to its liabilities for its tax positions related to the unauthorized transactions. As the tax returns have been settled and statutes have closed, the interest expense on certain items has been reversed. Interest expense detail was as follows for the fiscal years ended June 30, 2012 and June 30, 2011, respectively:
 
 
2012
 
2011
Interest expense on secured credit facility
 
$
(81,204
)
 
$
(95,155
)
Interest expense for tax positions related to unauthorized transactions
 
(44,015
)
 
(325,370
)
Interest reversals for tax positions related to unauthorized transactions
 
251,485

 
487,553

Other interest expense
 
(1,843
)
 
(14,609
)
Interest (expense) reversal
 
$
124,423

 
$
52,419