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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)
1 Months Ended 12 Months Ended
Aug. 31, 2009
May 31, 2009
Jun. 30, 2012
subsidiary
Jun. 30, 2011
Jun. 30, 2010
Feb. 02, 2012
Nov. 30, 2010
Jun. 30, 2009
Apr. 01, 2009
item
Nature of business                  
Number of wholly-owned subsidiaries     3            
Cash and cash equivalents                  
Cash in excess of FDIC limits     $ 35,728,000            
Restricted cash                  
Restricted cash in escrow account under contract     19,180,000            
Joint interest receivable and allowance for doubtful accounts                  
Dana's interest in the Guinea Concession (as a percent)     23.00%            
Oil and Gas Properties                  
Discount percentage     10.00%            
Amortization of proved oil and gas properties subject to the full-cost ceiling test     116,312,000            
Sales of Oil and Gas Properties and Discontinued Operations                  
Number of sales in a transaction to sell the working interest in all of domestic oil and gas properties                 3
First schedule payment received on sale of oil and gas properties   1,030,000              
Second schedule payment received on sale of oil and gas properties   820,000              
Final payment received on sale of oil and gas properties 820,000                
Deferred Rent                  
Period of reversal of deferred rent     12 months            
Amortized deferred rent       138,000     140,000    
Earnings per Share                  
Common shares that can be purchased upon exercise of options     12,495,316 9,274,854 8,048,760     2,219,707  
Average exercise price of common stock (in dollars per share)     $ 2.09 $ 1.85 $ 0.91     $ 3.27  
Warrants that can be purchased     13,400,000 3,900,000 11,100,000        
Average exercise price of warrants (in dollars per share)     $ 2.94 $ 1.26 $ 1.25 $ 3.50      
Common shares that can be purchased using the treasury stock method, had there been net income     2,800,000 3,700,000 900,000        
Common shares that can be purchased using the treasury stock method, had there been net income     1,700,000 2,700,000 600,000        
Gross Value                  
Accumulated other comprehensive loss at the beginning of the period     349,000            
Change in fair value of available-for-sale securities     123,000 349,000          
Reclassification of other than temporary impairment of securities included in net income, gross     (472,000)            
Accumulated other comprehensive loss at the end of the period       349,000          
Net of Tax Value                  
Accumulated other comprehensive loss at the beginning of the period     (349,000)            
Change in fair value of available-for-sale securities     123,000 349,000          
Reclassification of other than temporary impairment of securities included in net income, net     (472,000)            
Accumulated other comprehensive loss at the end of the period       (349,000)          
Total comprehensive loss     $ 149,000,000 $ 11,600,000          
Minimum
                 
Property, Plant and Equipment, Other than Oil and Gas                  
Estimated useful lives of the assets     3 years            
Income Taxes                  
Percentage of likelihood of realization that the tax position must exceed in order for the amount to be recognized in the financial statements     50.00%            
Earnings per Share                  
Average exercise price of warrants (in dollars per share)       $ 0.98          
Maximum
                 
Cash and cash equivalents                  
Term of original maturity to classify highly liquid investments as cash and cash equivalents     3 months            
Property, Plant and Equipment, Other than Oil and Gas                  
Estimated useful lives of the assets     5 years            
Earnings per Share                  
Average exercise price of warrants (in dollars per share)       $ 1.58