STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Mar. 31, 2015

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

The following table summarizes the changes in stockholders’ equity for the nine months ended March 31, 2015 and 2014:

	Nine Months Ended
	March 31
	2015		2014
Net income (loss)	$	127,806	$	(3,398,560	)
Dividends declared	—		(1,328,887		)
Stock-based compensation expense	474,501		516,829
Income tax benefit from dividends paid to employee stock ownership plan	—		12,432
Increase (decrease) in stockholders' equity	$	602,307	$	(4,198,186	)