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STOCK BASED COMPENSATION PLANS - Information about unvested options (Details 2) - Stock options - $ / shares
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Shares        
Unvested options, beginning of period 396,251 448,888 505,553 120,000
Granted 75,000 194,586 328,888
Vested (28,335) (257,223)
Forfeited (90,000) (90,000)
Unvested options, end of period 352,916 448,888 352,916 448,888
Weighted Average Grant Date Fair Value        
Unvested options, beginning of period $ 1.49 $ 1.33 $ 1.32 $ 1.49
Granted 1.43 1.64 $ 1.27
Vested 1.27 1.26
Forfeited 1.81 1.81
Unvested options, end of period $ 1.41 $ 1.33 $ 1.41 $ 1.33