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BUSINESS (Detail Textuals) (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Net income (loss) $ 27,530,652 $ 854,123 $ (5,211,238)
Benefit (provision) for income taxes $ 27,255,398 $ (27,646) $ (12,599)