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STOCK OPTIONS (Details) (USD $)	3 Months Ended		6 Months Ended
STOCK OPTIONS (Details) (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Granted			430,000	440,000
Weighted average exercise price of shares granted in period	$ 5.14	$ 6.30	$ 5.14	$ 6.30
Stock-based compensation expense	$ 145,439	$ 137,257	$ 293,941	$ 261,928

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

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