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FINANCE RECEIVABLES (Tables)
9 Months Ended
Mar. 31, 2013
Receivables [Abstract]  
Schedule of finance receivables
 
   
March 31,
   
June 30,
 
   
2013
   
2012
 
   
(unaudited)
       
Total finance receivables
  $ 495,431     $ 542,847  
Less current portion
    113,485       206,649  
Non-current portion of finance receivables
  $ 381,946     $ 336,198  
Schedule of credit quality indicators
 
Credit Quality Indicators
 
As of March 31, 2013
 
       
Credit risk profile based on payment activity:
   
Leases
 
       
Performing
  $ 495,431  
Nonperforming
    -  
Total
  $ 495,431  
 
Schedule of age analysis of past due finance receivables
 
Age Analysis of Past Due Finance Receivables
 
As of March 31, 2013
 
                                     
     31 – 60      61 – 90    
Greater than
               
Total
 
   
Days Past
Due
   
Days Past
Due
   
90 Days
Past Due
   
Total Past
Due
   
Current
   
Finance
Receivables
 
                                         
Leases
  $ 9,277     $ -     $ -     $ 9,277     $ 486,154     $ 495,431  
Total
  $ 9,277     $ -     $ -     $ 9,277     $ 486,154     $ 495,431