4. Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2014

Investments, All Other Investments [Abstract]

Fair Value Inputs

Assets:			Fair Value Measurements Using Inputs Considered as
	Fair Value at June 30, 2014		Level 1		Level 2		Level 3
Cash and cash equivalents	$	493,700	$	493,700	$	—	$	—
Available for sale securities		415,400		415,400		—		—
Total	$	909,100	$	909,100	$	—	$	—
Liabilities:
Contingent consideration	$	500,000	$	—	$	—	$	500,000

Assets:			Fair Value Measurements Using Inputs Considered as
	Fair Value at June 30, 2013		Level 1		Level 2		Level 3
Cash and cash equivalents	$	927,300	$	927,300	$	—	$	—
Available for sale securities		908,400		908,400		—		—
Total	$	1,835,700	$	1,835,700	$	—	$	—
Liabilities:
Contingent consideration	$	70,600	$	—	$	—	$	70,600

Investments in Marketable Securitites

Investments in marketable securities classified as available-for-sale by security type at June 30, 2014 and 2013 consisted of the following:

	Cost		Fair Value		Unrealized Holding Gain (Loss)
At June 30, 2014:
Available for sale:
Equity securities	$	29,300	$	38,500	$	9,200
Mutual funds		385,000		376,900		(8,100	)
	$	414,300	$	415,400	$	1,100
		Cost		Fair Value		Unrealized Holding Gain (Loss)
At June 30, 2013:
Available for sale:
Equity securities	$	29,300	$	33,200	$	3,900
Mutual funds		892,700		875,200		(17,500	)
	$	922,000	$	908,400	$	(13,600	)