UNAUTHORIZED TRANSACTION RELATED RECOVERIES (Notes)

12 Months Ended

Jun. 30, 2015

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

Unauthorized Transaction Related 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 years ended June 30, 2015 and 2014, the costs incurred were for legal fees related to claims initiated against third parties (see Note 20). The Company has received various 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. There have been other recoveries of the assets previously owned and forfeited by the former Vice President of Finance. The remaining amounts to be received from the assets forfeited are not expected to be significant. For the years ended June 30, 2015 and 2014, the costs and recoveries were as follows:

	2015			2014
Legal fees incurred	$	152,492		$	388,287
Proceeds from asset forfeitures	(121,465		)	(1,134,082		)
Unauthorized transaction related costs (recoveries), net	$	31,027		$	(745,795	)