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SHARE-BASED COMPENSATION - Information about Options (Details) - Stock options - USD ($)
9 Months Ended 12 Months Ended
Mar. 31, 2017
Jun. 30, 2016
Jun. 30, 2015
Stock Options      
Number of options awarded (in shares) 199,618 30,000 476,106
Compensation expense recognized $ 146,000 $ 280,000 $ 643,980
Weighted average grant-date fair value of options outstanding (in dollars per share) $ 4.06 $ 5.67 $ 5.13