STOCK BASED COMPENSATION PLANS - Summary of options outstanding (Details 1) - Stock options - $ / shares	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Shares
Options outstanding, beginning of period	658,474	448,888	538,888	120,000
Granted			119,586	328,888
Forfeited
Expired
Exercised
Options outstanding, end of period	658,474	448,888	658,474	448,888
Weighted-Average Exercise Price
Options outstanding, beginning of period	$ 2.14	$ 1.87	$ 1.86	$ 2.05
Granted			$ 3.38	$ 1.80
Forfeited
Expired
Exercised
Options outstanding, end of period	$ 2.14	$ 1.87	$ 2.14	$ 1.87
Weighted Average Grant Date Fair Value
Options outstanding, beginning of period	$ 1.41	$ 1.33	1.33	1.49
Granted			$ 1.77	$ 1.27
Forfeited
Expired
Exercised
Options outstanding, end of period	$ 1.41	$ 1.33	$ 1.41	$ 1.33