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SHARE-BASED COMPENSATION (Details 4) (Restricted shares, USD $)
6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Restricted shares
   
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]    
Outstanding at beginning of year 32,500   
Granted    35,000
Vested (9,166)   
Forfeited (6,667) (2,500)
Outstanding at end of period 16,667 32,500
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]    
Outstanding at beginning of year $ 1.73   
Granted    $ 1.73
Vested $ 1.73   
Forfeited $ 1.73 $ 1.73
Outstanding at end of period $ 1.73 $ 1.73