COMMON STOCK - Director compensation (Detail Textuals 8) (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock issued (in shares)			29,998
Stock compensation expense	$ 450,078	$ 483,740	$ 584,487
Common stock issued for services (in shares)			19,175
Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock issued (in shares)	75,632	88,594	2,299
Stock compensation expense	$ 140,000	$ 157,500	$ 3,333
Lead independent director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock issued for services (in shares)	37,287	23,248	19,175