Share-Based Payments (Tables)

9 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Restricted Stock

	Shares		Weighted Average Grant Date Fair Value
Nonvested at July 1, 2013	23,365		$	2,488.80
Granted	—		—
Vested	(8,188	)	2,272.00
Forfeited and canceled	(313	)	1,413.60
Nonvested at March 31, 2014	14,864		$	2,488.00

Schedule of Stock Options

The following table summarizes the Company's stock option activity for the nine months ended March 31, 2014:

	Number of Options		Weighted average exercise price
Outstanding at June 30, 2013	217,872		$	135.20
Granted	13,975		52.00
Exercised	—		—
Forfeited and canceled	(31,020	)	96.80
Outstanding at March 31, 2014	200,827		136.00
Exercisable at March 31, 2014	95,569		$	154.40

Schedule weighted average assumptions

The fair value of the options granted during the nine months ended March 31, 2014 and 2013 were estimated based on the following weighted average assumptions:

	Nine Months Ended March 31,
	2014			2013
Expected volatility	80		%	80		%
Risk-free interest rate	1.7		%	0.92		%
Expected dividend yield	—			—
Expected life (in years)	6.03			6.46
Estimated fair value per option granted	$	38.40		$	76.00