BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The components of basic and diluted earnings per share consist of the following:

	Nine Months Ended March 31,
	2016		2015
Net Income for Basic Earnings Per Share	$	19,764,978	$	13,314,519
Basic Weighted Average Number of Shares		36,610,131		32,829,357
Net Income Per Share – Basic	$	0.54	$	0.41
Net Income for Diluted Earnings Per Share	$	19,764,978	$	13,314,519
Diluted Weighted Average Number of Shares		36,610,131		32,829,357
Net Income Per Share – Diluted	$	0.54	$	0.41

	Three months Ended March 31,
	2016		2015
Net Income for Basic Earnings Per Share	$	8,251,771	$	9,916,194
Basic Weighted Average Number of Shares		36,962,166		34,783,456
Net Income Per Share – Basic	$	0.22	$	0.29
Net Income for Diluted Earnings Per Share	$	8,251,771	$	9,916,194
Diluted Weighted Average Number of Shares		36,962,166		34,783,456
Net Income Per Share – Diluted	$	0.22	$	0.29