ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2012

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of components of accumulated other comprehensive loss and related tax effects

(in thousands)	Gross Value			Tax Effect		Net of Tax Value
Accumulated other comprehensive loss at June 30, 2010	$	—		$	—	$	—
Change in fair value of available-for-sale securities		349			—		349
Accumulated other comprehensive loss at June 30, 2011	$	349		$	—	$	349
Change in fair value of available-for-sale securities		123			—		123
Reclassification of other than temporary impairment of securities included in net income		(472	)		—		(472	)
Accumulated other comprehensive loss at June 30, 2012	$	—		$	—	$	—

Schedule of fair value of financial assets and liabilities by level on a recurring basis

			Fair Value Measurement at June 30, 2011
	Carrying Value at June 30, 2011
(in thousands)			Level 1		Level 2		Level 3
Assets:
Available-for-sale securities	$	55,368	$	55,368	$	—	$	—
Liabilities:
Warrant derivative liability	$	—	$	—	$	—	$	—

Schedule of changes in fair value measurement of level 3 warrant derivative liability

Beginning balance—July 1, 2010	$	583
Change in fair value of derivative liability		771
Warrants exercised and reclassified to additional paid-in capital		(1,354	)
Balance at June 30, 2011	$	—