ACCOUNTING POLICIES (Detail Textuals 3) (USD $)	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Charges incurred in connection with the vesting and issuance of common stock for employee and director compensation	$ 502,907	$ 782,100	$ 302,471
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expired	(45,333)	(45,333)	(69,334)
Charges incurred in connection with the vesting and issuance of common stock for employee and director compensation	$ 483,740	$ 584,487	$ 302,471
Stock options | Exercise Price $7.50
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expired	42,333
Common stock options, exercise price per share	$ 7.50
Stock options | Exercise Price $8.00
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expired		3,000
Common stock options, exercise price per share		$ 8.00