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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Revenue $ 0 $ 0 $ 0 $ 0
Selling, general and administrative expenses 169,705 312,818 352,692 724,046
Loss from operations (169,705) (312,818) (352,692) (724,046)
Interest income 2,718 10,018 25,690 19,482
Other income 0 0 28,537 0
Interest expense 0 (272) 0 (31,616)
Impairment of other assets 0 0 (300,000) 0
Loss from continuing operations (166,987) (303,072) (598,465) (736,180)
Net (loss) gain from discontinued operations (212) 3,692,905 56,620 4,353,521
Net (loss) income (167,199) 3,389,833 (541,845) 3,617,341
Income from discontinued operations attributable to the noncontrolling interest 0 9,846 0 (172,836)
Net (loss) income attributable to common stockholders $ (167,199) $ 3,399,679 $ (541,845) $ 3,444,505
Net (loss) income per common share (basic and diluted):        
From continuing operations $ (0.03) $ (0.05) $ (0.11) $ (0.13)
From discontinued operations $ 0.00 $ 0.66 $ 0.01 $ 0.75
Net (loss) income per common share (basic and diluted) $ (0.03) $ 0.61 $ (0.10) $ 0.62
Weighted average shares outstanding:        
Basic 5,607,315 5,608,653 5,607,315 5,596,139