STOCK BASED COMPENSATION PLANS - Summary of options outstanding (Details 3) - Stock options - $ / shares	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Shares
Outstanding options, beginning of period	538,888	120,000
Granted	199,586	438,888	120,000
Forfeited	(95,000)	(20,000)
Excercised	(33,333)
Outstanding options, end of period	610,141	538,888	120,000
Weighted Average Grant Date Fair Value
Weighted average exercise price, Options Outstanding	$ 1.33	$ 1.49
Granted	1.63	1.30	1.49
Forfeited	1.80	1.49
Excercised	1.27
Weighted average exercise price, Options Outstanding	$ 1.35	$ 1.33	$ 1.49