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SHARE-BASED COMPENSATION (Details 4) (Restricted shares, USD $)
9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
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 (8,334)   
Outstanding at end of period 15,000 35,000
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   
Outstanding at end of period $ 1.73 $ 1.73