STOCK BASED COMPENSATION PLANS - Summary of unvested options (Details 5) - Stock options - $ / shares	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Shares
Unvested options, beginning of period	505,553	120,000
Granted	199,586	438,888	120,000
Vested	(298,891)	(33,335)
Forfeited	(95,000)	(20,000)
Unvested options, end of period	311,248	505,553	120,000
Weighted Average Grant Date Fair Value
Options outstanding, beginning of period	$ 1.32	$ 1.49
Granted	1.63	1.30	$ 1.49
Vested	1.31	1.49
Forfeited	1.80	1.49
Options outstanding, end of period	$ 1.39	$ 1.32	$ 1.49