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COMMON STOCK WARRANTS AND OPTIONS - Common Stock Option activity (Details 1) (Stock options, USD $)
12 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2013
Minimum
Jun. 30, 2012
Minimum
Jun. 30, 2010
Minimum
Jun. 30, 2013
Maximum
Jun. 30, 2012
Maximum
Jun. 30, 2010
Maximum
Options Outstanding                  
Outstanding and exercisable at the beginning 45,333 90,666 160,000            
Granted                     
Expired (45,333) (45,333) (69,334)            
Outstanding and exercisable at the ending    45,333 90,666            
Exercise Price Per Share                  
Outstanding and exercisable at the beginning       $ 7.50 $ 7.50 $ 7.50 $ 8.00 $ 8.00 $ 8.00
Granted                     
Expired     $ 7.50 $ 7.50 $ 7.50   $ 8.00 $ 8.00  
Outstanding and exercisable at the ending          $ 7.50 $ 7.50    $ 8.00 $ 8.00
Weighted-Average Exercise Price                  
Outstanding and exercisable at the beginning $ 7.53 $ 7.53 $ 7.52            
Granted                     
Expired $ 7.53 $ 7.53 $ 7.50            
Outstanding and exercisable at the ending    $ 7.53 $ 7.53