INTEREST EXPENSE (Notes)

9 Months Ended

Mar. 31, 2015

Interest Expense [Abstract]

Interest Expense

INTEREST EXPENSE

The Company incurs interest expense primarily related to its secured credit facility (see Note 6) and to its liabilities for its tax positions related to the unauthorized transactions. As the tax returns have been settled and statute of limitations have expired, the accrued interest expense on certain items has been reversed. Interest expense detail was as follows for the three and nine months ended March 31, 2015 and 2014, respectively:

	Three Months Ended					Nine Months Ended
	March 31					March 31
	2015		2014			2015		2014
Interest expense (benefit) on secured credit facility	$	—	$	—		$	12,813	$	(587	)
Interest expense for tax positions related to unauthorized transactions	—		—			—		16,386
Interest reversals for tax positions related to unauthorized transactions	—		(65,536		)	—		(65,536		)
Interest expense (income)	$	—	$	(65,536	)	$	12,813	$	(49,737	)