SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

Following is a summary of stock option activity for the six months ended December 31, 2016 and 2015:

	2016					2015
	Number of Shares			Weighted-Average Exercise Price		Number of Shares			Weighted-Average Exercise Price
Outstanding at July 1,		90,834		$	1.95		106,668		$	2.41
Options granted		—			—		—			—
Options exercised		(28,000	)		1.82		(7,500	)		2.14
Options forfeited		—			—		—			—
Outstanding at end of period		62,834		$	2.00		99,168		$	2.43
Stock Options Exercisable at December 31,		62,834		$	2.00		99,168		$	2.43

Schedule of options outstanding and options exercisable

Following is a summary of information regarding options outstanding and options exercisable at December 31, 2016:

	Options Outstanding & Exercisable
Range of Exercise Prices		Number Outstanding	Weighted-Avg. Remaining Contractual Life		Weighted- Avg. Exercise Price		Aggregate. Intrinsic Value
$0 to 2.50		59,500	4.66	$	1.87	$	168,320
2.5  to 5.00		3,334	0.38		4.38	$	1,067
Total		62,834	4.43years	$	2.00	$	169,387