WARRANTS - Exercise prices and expiration dates for warrants outstanding (Details) - $ / shares	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Class of Warrant or Right [Line Items]
Exercise Price Per Share	$ 2.6058	$ 2.6058
Warrants
Class of Warrant or Right [Line Items]
Warrants Outstanding	2,445,653	4,309,000	4,309,000	7,361,708
Warrants | September 18, 2016
Class of Warrant or Right [Line Items]
Warrants Outstanding	2,376,675
Exercise Price Per Share	$ 2.61
Expiration Date	Sep. 18, 2016
Warrants | December 31, 2017
Class of Warrant or Right [Line Items]
Warrants Outstanding	45,000
Exercise Price Per Share	$ 2.10
Expiration Date	Dec. 31, 2017
Warrants | March 29, 2021
Class of Warrant or Right [Line Items]
Warrants Outstanding	23,978
Exercise Price Per Share	$ 5.00
Expiration Date	Mar. 29, 2021