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EQUITY TRANSACTIONS (Tables)
3 Months Ended
Sep. 30, 2016
EQUITY TRANSACTIONS [Abstract]  
Stock options exercised to purchase common stock
During the three months ended September 30, 2016 and 2015, stock options to purchase shares of the Company’s common stock were exercised as follows:

  
Three-Months Ended
September 30,
 
  
2016
  
2015
 
  
(Unaudited)
 
       
Options Exercised
  
46,223
   
101,425
 
Proceeds (in thousands)
 
$
141
  
$
268
 
Average exercise price per share
 
$
3.05
  
$
2.64