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