FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair value of the company's financial instruments that are required to be measured at fair value (Parentheticals) (Details)	Dec. 31, 2012	Jun. 30, 2012
Fair Value Disclosures [Abstract]
Common stock warrant liability, warrants exercisable from September 18, 2011 through September 18, 2016, exercise price (in dollars per share)	2.6058	2.6058
Common stock warrant liability, warrants exercisable at through September 14, 2013, exercise price (in dollars per share)	5.90	5.90