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FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair value of the company financial instruments that are required to be measured at fair value (Parentheticals) (Details) - $ / shares
shares in Millions
Jun. 30, 2016
Jun. 30, 2015
Fair Value Disclosures [Abstract]    
Exercise price of warrants per share $ 2.6058 $ 2.6058
Number of common stock called by warrants 2.2 3.9