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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Jun. 30, 2012
Schedule Of Common Stock [Table Text Block]

Common Stock

 

The following are the details of the Company''s common stock as of June 30, 2012 and 2011:

 

  Number of Shares 
  Authorized  Issued  Outstanding  Amount 
             
June 30, 2012                
Common stock, $0.10 par value  150,000,000   12,363,486   12,287,290  $1,226 
                 
June 30, 2011                
Common stock, $0.10 par value  150,000,000   12,346,986   12,270,790  $1,224 
Schedule Of Non Voting Preferred Stock [Table Text Block]

Preferred Stock

 

The following are the details of the Company's non-voting preferred stock as of June 30, 2012 and 2011:

 

  Number of Shares 
  Authorized  Issued  Outstanding  Amount 
June 30, 2012                
Preferred stock, Series A $0.10 par value  1,000,000   66,180   -  $- 
Preferred stock, Series B $0.10 par value  1,000,000   79,180   -   - 
Preferred stock, Series C $0.10 par value  1,000,000   296,180   296,180  $27,133 
                 
June 30, 2011                
Preferred stock, Series A $0.10 par value  1,000,000   66,180   -  $- 
Preferred stock, Series B $0.10 par value  1,000,000   79,180   -   - 
Preferred stock, Series C $0.10 par value  1,000,000   296,180   296,180  $27,133