LINE OF CREDIT - Summary of line of credit (Details) - USD ($) $ in Thousands	12 Months Ended
Jun. 30, 2016	Jun. 30, 2015
Line Of Credit Facility [Abstract]
Principal balance at period-end	$ 7,217	$ 4,000
Unamortized discount	(98)
Line of credit, net	7,119	4,000
Maximum amount outstanding at any month end	7,217	5,000
Average balance outstanding during the period	$ 4,959	$ 4,100
Weighted-average interest rate:
As of the period-end	5.80%	5.30%
Paid during the period	5.50%	5.30%

- Definition

The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details