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STOCK BASED COMPENSATION PLANS - Summary of options outstanding (Details 1) - Stock options - $ / shares
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Shares    
Options outstanding, beginning of period 538,888 120,000
Granted 119,586 328,888
Forfeited
Expired
Exercised
Options outstanding, end of period 658,474 448,888
Weighted-Average Exercise Price    
Options outstanding, beginning of period $ 1.86 $ 2.05
Granted $ 3.38 $ 1.80
Forfeited
Expired
Exercised
Options outstanding, end of period $ 2.14 $ 1.87
Weighted Average Grant Date Fair Value    
Options outstanding, beginning of period 1.33 1.49
Granted $ 1.77 $ 1.27
Forfeited
Expired
Exercised
Options outstanding, end of period $ 1.41 $ 1.33