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Summary of Significant Accounting Policies - (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2015
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Significant Accounting Policies [Line Items]          
Highly liquid investments, original maturity period       3 months  
Operating loss carry forwards for federal income tax $ 231,000,000        
Operating loss carry forwards for state income tax $ 103,400,000        
Income tax benefit (expense)   $ 1,871,772 $ (3,327) $ 5,056,772 $ (42,182)
Liability for uncertain tax positions   0   $ 0  
Common stock equivalents excluded from the diluted per share calculation     26,759,915 27,668,571 26,759,915
New Jersey Division of Taxation [Member]          
Significant Accounting Policies [Line Items]          
Income tax benefit (expense)   1,900,000   $ 5,100,000  
Net operating loss   30,300,000   66,200,000  
Research and development credits   $ 200,000   $ 1,500,000  
Minimum [Member]          
Significant Accounting Policies [Line Items]          
Net operating loss carry forwards expiration year 2016        
Maximum [Member]          
Significant Accounting Policies [Line Items]          
Net operating loss carry forwards expiration year 2035