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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details 6) - $ / shares
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Earnings Per Share      
Average exercise price of warrants (in dollars per share) $ 12.64 $ 11.69  
If net income had been earned      
Earnings Per Share      
Warrants to purchase common shares included in fully diluted earnings per share 0 0  
Stock options      
Earnings Per Share      
Potentially dilutive securities excluded from the computation of dilutive net loss per common share 1,200,000 1,400,000  
Warrants      
Earnings Per Share      
Potentially dilutive securities excluded from the computation of dilutive net loss per common share 30,000 30,000  
Stock options      
Earnings Per Share      
Average exercise price of common stock (in dollars per share) $ 7.43 $ 8.76 $ 13.12
Stock options | If net income had been earned      
Earnings Per Share      
Common shares included in fully diluted earnings per share 400 1,000  
Unvested restricted stock awards | If net income had been earned      
Earnings Per Share      
Common shares included in fully diluted earnings per share 4,000 21,000