ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2013

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

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

The following table sets forth by level within the fair value hierarchy, our financial assets and liabilities (in thousands) that were accounted for at fair value on a recurring basis as of December 31, 2013:

	Carrying Value at December 31,		Fair Value Measurement at December 31, 2013
	2013		Level 1		Level 2		Level 3
Assets:
Corporate debt securities	$	15,207	$	15,207	$	—	$	—

	Carrying Value at		Fair Value Measurement at June 30, 2013
	June 30, 2013		Level 1		Level 2		Level 3
Assets:
Corporate debt securities	$	15,383	$	15,383	$	—	$	—