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INCOME TAXES (Details)	12 Months Ended
INCOME TAXES (Details)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2010
Tax at U.S. Federal statutory rate	34.00%	34.00%	0.00%
State and local taxes, net of federal benefit	5.60%	5.60%	5.60%
Change in valuation allowance	(36.70%)	(36.20%)	(27.60%)
Effective Income Tax Rate, Continuing Operations	2.90%	3.40%	(22.00%)

A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations.

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- Definition

The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems.

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