STOCK BASED COMPENSATION PLANS (Detail Textuals) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation	$ 715,762	$ 529,041	$ 502,907
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation	370,435
Unrecognized compensation related to stock option grants	$ 297,202