SHARE-BASED COMPENSATION (Details) (USD $)	12 Months Ended				12 Months Ended																																											0 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012	Feb. 18, 2010 item	Jun. 30, 2012 Minimum	Jun. 30, 2012 Maximum	Jun. 30, 2014 Stock options	Jun. 30, 2013 Stock options	Jun. 30, 2012 Stock options	Jun. 30, 2011 Stock options	Jun. 30, 2014 Stock options Minimum	Jun. 30, 2013 Stock options Minimum	Jun. 30, 2012 Stock options Minimum	Jun. 30, 2014 Stock options Maximum	Jun. 30, 2013 Stock options Maximum	Jun. 30, 2012 Stock options Maximum	Jun. 30, 2014 Stock options Exercise price range $1.92 - $4.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $1.92 - $4.00 Remaining Life, 1 year	Jun. 30, 2014 Stock options Exercise price range $1.92 - $4.00 Remaining life, 5 year	Jun. 30, 2013 Stock options Exercise price range $1.92 - $4.00 Remaining life, 5 year	Jun. 30, 2014 Stock options Exercise price range $4.01 - $10.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $4.01 - $10.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $4.01 - $10.00 Remaining life, 7 years	Jun. 30, 2014 Stock options Exercise price range $4.01 - $10.00 Remaining life, 3 years	Jun. 30, 2014 Stock options Exercise price range $4.01 - $10.00 Remaining life, 6 years	Jun. 30, 2013 Stock options Exercise price range $4.01 - $10.00 Remaining life, 4 years	Jun. 30, 2013 Stock options Exercise price range $10.01 - $15.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $10.01 - $15.00 Remaining life, 4 years	Jun. 30, 2014 Stock options Exercise price range $10.01 - $20.00 Remaining Life, 1 year	Jun. 30, 2014 Stock options Exercise price range $10.01 - $20.00 Remaining life, 6 years	Jun. 30, 2013 Stock options Exercise price range $15.01 - $20.00 Remaining life, 7 years	Jun. 30, 2014 Stock options Exercise price range $20.01 - $30.00 Remaining life, 6 years	Jun. 30, 2013 Stock options Exercise price range $20.01 - $25.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $20.01 - $25.00 Remaining life, 7 years	Jun. 30, 2013 Stock options Exercise price range $25.01 - $30.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $25.01 - $30.00 Remaining life, 7 years	Jun. 30, 2014 Stock options Exercise price range $30.01 - $40.00 Remaining life, 7 years	Jun. 30, 2014 Stock options Exercise price range $30.01 - $40.00 Remaining life, 2 years	Jun. 30, 2013 Stock options Exercise price range $30.01 - $35.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $30.01 - $35.00 Remaining life, 8 year	Jun. 30, 2013 Stock options Exercise price range $30.01 - $35.00 Remaining life, 3 years	Jun. 30, 2013 Stock options Exercise price range $35.01 - $40.00 Remaining life, 3 years	Jun. 30, 2014 Stock options Exercise price range $40.01 - $50.00 Remaining life, 7 years	Jun. 30, 2013 Stock options Exercise price range $40.01 - $45.00 Remaining Life, 1 year	Jun. 30, 2013 Stock options Exercise price range $40.01 - $45.00 Remaining life, 7 years	Jun. 30, 2014 Unvested restricted stock awards	Jun. 30, 2013 Unvested restricted stock awards	Feb. 18, 2010 2010 Plan Stock options	Jun. 30, 2014 2010 Plan Stock options	Jun. 30, 2014 2010 Plan Unvested restricted stock awards
Stock options and warrants
Number of stock award plans prior to the adoption of 2010 plan				2
Period within which shares of common stock, options or restricted stock can be granted under the 2010 plan																																																10 years
Number of shares issuable under the plan																																																	1,250,000
Number of shares remaining available for issuance																																																	231,324
Options granted to employees and directors
Number of options granted (in shares)							372,086	247,197	534,182
Compensation expense recognized							$ 481,426	$ 2,615,498	$ 5,024,825
Compensation cost capitalized								809,309	1,745,344
Weighted average fair value of options outstanding (in dollars per share)							$ 5.88	$ 8.68	$ 16.72
Significant assumptions used to compute the fair market values
Risk-free interest rate, low end of range (as a percent)							0.08%	0.07%	0.11%
Risk-free interest rate, high end of range (as a percent)							0.95%	0.96%	0.91%
Dividend yield (as a percent)							0.00%	0.00%	0.00%
Volatility factor, low end of range (as a percent)							74.00%	80.00%	105.00%
Volatility factor, high end of range (as a percent)							125.00%	123.00%	129.00%
Expected life											6 months	6 months	3 months	3 years 3 months	3 years 6 months	3 years 3 months
Options
Outstanding at the beginning of the period (in shares)							1,361,509	1,561,913	1,159,356
Granted (in shares)							372,086	247,197	534,182
Exercised (in shares)	0	(95,000)	(100,625)					(95,000)	(100,625)
Forfeited (in shares)							(92,100)	(272,583)	(31,000)
Expired (in shares)							(199,786)	(80,018)
Outstanding at the end of the period (in shares)							1,441,727	1,361,509	1,561,913	1,159,356
Options exercisable at end of period (in shares)							762,498
Weighted Average Share Price
Outstanding at the beginning of the period (in dollars per share)							$ 13.12	$ 16.72	$ 14.80
Granted (in dollars per share)							$ 3.30	$ 4.49	$ 20.56
Exercised (in dollars per share)		$ 3.92			$ 2.48	$ 16.00		$ 3.92	$ 6.64
Forfeited (in dollars per share)							$ 18.78	$ 25.66	$ 44.08
Expired (in dollars per share)							$ 23.66	$ 24.61
Outstanding at the end of the period (in dollars per share)							$ 8.76	$ 13.12	$ 16.72	$ 14.80
Options exercisable at end of period (in dollars per share)							$ 13.17
Aggregate intrinsic value
Outstanding at the end of the period							8,327	52,277	1,145,800	23,558,086
Options exercisable at period end							8,439
Weighted average remaining contractual term (years)
Outstanding at the end of the period							3 years 1 month 20 days	3 years 3 months 4 days	4 years 7 months 13 days	5 years 7 months 24 days
Options exercisable at period end							2 years 8 months 26 days
Options outstanding and exercisable
Exercise Price, low end of the range (in dollars per share)																	$ 1.92	$ 1.92	$ 1.92	$ 1.92	$ 4.01	$ 4.01	$ 4.01	$ 4.01	$ 4.01	$ 4.01	$ 10.01	$ 10.01	$ 10.01	$ 10.01	$ 15.01	$ 20.01	$ 20.01	$ 20.01	$ 25.01	$ 25.01	$ 30.01	$ 30.01	$ 30.01	$ 30.01	$ 30.01	$ 35.01	$ 40.01	$ 40.01	$ 40.01
Exercise Price, high end of the range (in dollars per share)																	$ 4.00	$ 4.00	$ 4.00	$ 4.00	$ 10.00	$ 10.00	$ 10.00	$ 10.00	$ 10.00	$ 10.00	$ 15.00	$ 15.00	$ 20.00	$ 20.00	$ 20.00	$ 30.00	$ 25.00	$ 25.00	$ 30.00	$ 30.00	$ 40.00	$ 40.00	$ 35.00	$ 35.00	$ 35.00	$ 40.00	$ 50.00	$ 45.00	$ 45.00
Outstanding Number Of Shares							1,441,727	1,361,509									299,108	292,500	510,880	174,071	81,425	149,479	46,125	175,319	57,687	190,684	106,375	15,000	106,375	32,500	20,000	55,375	14,875	17,875	102,500	33,750	68,688	45,620	28,338	64,312	38,125	44,375	8,750	11,875	11,250
Remaining Life																	1 year	1 year	5 years	5 years	1 year	1 year	7 years	3 years	6 years	4 years	1 year	4 years	1 year	6 years	7 years	6 years	1 year	7 years	1 year	7 years	7 years	2 years	1 year	8 years	3 years	3 years	7 years	1 year	7 years
Exercisable Number Of Shares							762,498	756,461									149,107	122,083	56,238	6,250	81,425	149,479	46,125	106,879	53,625	46,270	106,375	12,500	106,375	31,250	18,333	54,541	12,375	17,875	27,500	28,333	68,688	45,620	28,338	64,312	19,063	28,125	8,750	11,875	11,250
Nonvested Share-based Compensation Arrangements, Additional Disclosure
Unrecognized compensation costs							1,600,000
Option vested (in shares)							204,970
Weighted average grant date fair value of options vested (in dollars per share)							$ 12.33
Unvested options outstanding (in shares)							679,234
Weighted average grant date fair value of unvested options outstanding (in dollars per share)							$ 2.21
Amortization period											2 years			3 years
Weighted average remaining life of unvested options outstanding							3 years 6 months 29 days
Fair value of restricted shares granted																																														$ 100,000
Restricted Stock
Granted (in shares)																																														0	0			21,030
Outstanding at the end of the period (in shares)																																																		21,030
Weighted Average Grant Price
Granted (in dollars per share)																																																		$ 4.12
Outstanding at the end of the period (in dollars per share)																																																		$ 4.12