SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Net (loss) income	$ (13,249,684)	$ 2,776,788	$ (25,659,603)	$ 3,571,462
Denominator:
Weighted average common shares outstanding - Basic	156,358,586	109,314,460	156,268,094	108,134,179
Effect of dilutive shares:
Common stock equivalents arising from stock options and warrants	0	346,867	0	560,572
Restricted stock units	0	154,391	0	193,562
Weighted average common shares outstanding - Diluted	156,358,586	109,815,718	156,268,094	108,888,313
Net (loss) income per common share:
Basic	$ (0.08)	$ 0.03	$ (0.16)	$ 0.03
Diluted	$ (0.08)	$ 0.03	$ (0.16)	$ 0.03