UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES (Notes)

6 Months Ended

Dec. 31, 2014

Unauthorized Transactions, Costs and Related Recoveries, Net [Abstract]

Unauthorized Transaction Related Costs and Recoveries

UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES

In December 2009, the Company learned of significant unauthorized transactions as previously reported.  The Company has ongoing costs and recoveries associated with the unauthorized transactions. For the three and six months ended December 31, 2014 and 2013, the costs incurred were for legal fees related to claims initiated against third parties (see Note 12). The Company has received recoveries related to the unauthorized transactions, which are summarized below. The Company will continue to incur legal fees for the claims initiated against third parties. The Company expects to receive additional forfeiture related funds in the fiscal year ended June 30, 2015.  However, the remaining amounts to be received are not expected to be significant. For the three and six months ended December 31, 2014 and 2013, the costs and recoveries were as follows:

	Three Months Ended				Six Months Ended
	December 31				December 31
	2014		2013		2014		2013
Legal fees incurred	$	25,000	$	112,171	$	77,492	$	219,984
Proceeds from asset forfeitures	—		—		—		(816,529		)
Unauthorized transaction related costs and (recoveries), net	$	25,000	$	112,171	$	77,492	$	(596,545	)