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Stock-Based Compensation Plans (Details Narrative) - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Compensation cost $ 1,629,644 $ 1,107,250 $ 696,885
Unrecognized compensation cost $ 3,294,000    
Period of recognition 2 years 4 months 24 days    
Weighted average fair value at date of grant (in dollars per share) $ 4.68 $ 5.70 $ 3.95
Fair value of shares vested $ 1,060,631    
Number of non-vested stock options 276,111 937,361  
Weighted-average grant-date fair value of non-vested stock options (in dollars per share) $ 3.84 $ 4.71  
Number of shares granted 320,000 549,000 324,000
Stock Options [Member]      
Option Expiration period 10 years    
Option vesting period 4 years    
General and Administrative Expense [Member]      
Compensation cost $ 1,629,643 $ 1,107,250 $ 696,885