5. Property and Equipment (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Jun. 30, 2011
Property And Equipment Details
Leasehold Improvements	$ 1,839
Furniture and Fixtures	441	9
Computer Equipment	785	60
Software	95	14
Total	3,160	83
Accumulated Depreciation and Amortization	(299)	(4)
Property and Equipment, net	$ 2,861	$ 79

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The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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- Definition

The gross amount of capitalized computer software costs as of the balance sheet date.

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Gross amount, at the balance sheet date, of long-lived, depreciable assets commonly used in offices and stores. Examples include desks, chairs, and store fixtures.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

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Gross amount, at the balance sheet date, of long-lived, depreciable assets that are an addition or improvement to assets held under lease arrangement.

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Gross amount, as of the balance sheet date, of long-lived, depreciable assets used in the production process to produce goods and services.

+ References

+ Details

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Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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-Publisher SEC

-Name Regulation S-X (SX)

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