UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Unauthorized Transaction Related Costs and Recoveries [Abstract]
Legal fees incurred	$ 1,639,074	$ 37,500	$ 1,714,074	$ 114,992
Gross proceeds from the settlement of the third party lawsuit	(3,000,000)	0	(3,000,000)	0
Proceeds from asset forfeitures	(25)	(36,422)	(75)	(36,422)
Unauthorized transaction related costs (recoveries), net	$ (1,360,951)	$ 1,078	$ (1,286,001)	$ 78,570