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INCOME TAXES (Notes)
9 Months Ended
Mar. 31, 2015
Income Tax Disclosure [Abstract]  
Income Taxes
INCOME TAXES
 
The Company files income tax returns in the United States federal jurisdiction and in several state jurisdictions.  The Company’s federal tax returns for tax years beginning July 1, 2011 or later are open.  During the quarter ended December 31, 2014, the Company's federal return for the fiscal year ended June 30, 2013 was under examination. That examination closed during the same quarter with no adjustments to the return. For states in which the Company files state income tax returns, the statute of limitations is generally open for tax years ended June 30, 2011 and forward.

For the nine months ended March 31, 2015, the Company recorded an income tax expense of $141,978, compared to an income tax benefit of $2,857,113 for the nine months ended March 31, 2014. The increase in the Company's tax expense for the nine months ended March 31, 2015 relative to the prior year primarily resulted from pre-tax book income compared to a pre-tax loss after the impairment charge in the prior year period.

The Company’s unrecognized tax benefits, including interest and penalties, were $175,000 as of March 31, 2015 and as of June 30, 2014. All of the Company’s unrecognized tax benefits as of March 31, 2015, if recognized, would impact the effective tax rate.