INCOME TAXES (Detail Textuals) (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Income Tax Disclosure [Abstract]
Reduction valuation allowances recorded in prior periods	$ 27,255,398
Deferred tax liabilities		40,245
Valuation allowances of relating to operating loss carryforward	64,000,000
Current federal income taxes	21,021
Deferred federal income tax	52,533	20,842	9,498
Deferred state income taxes	21,343	6,804	3,101
Common stock related to excess tax benefits from stock-based compensation	24,847
Income Tax Expense (Benefit)	(27,255,398)	27,646	12,599
Net operating loss carryforwards	165,566,973
Maximum amount of net operating loss carryforwards	127,362,276
Valuation allowance	22,833,685	51,118,902
Income tax benefit	93,586	299,801	1,767,537
Federal statutory rate	34.00%	34.00%	34.00%
Effects of increases in the valuation allowance		205,266	2,372,354
Amount of increase in deferred tax assets for effects of permanent difference	8,168	71,379	594,264
State income taxes net of federal benefit	$ 17,989	$ 4,490	$ 2,046