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Other Assets
9 Months Ended
Mar. 31, 2012
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

Note 4:  Other Assets

 

Other assets at June 30, 2011 were comprised of a promissory note of Buyer in the original principal amount of $450,000, and a $450,000 equity investment in B&B Roadway Holdings, LLC, a Delaware limited liability company and the parent of Buyer, as described in Note 15 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.  On January 6, 2012, the Company sold the promissory note to Buyer for $300,000, and also sold the equity investment to certain affiliates of Strait Lane Capital Partners, LLC for $300,000, which created an impairment of $300,000.