SHARE-BASED COMPENSATION (Details 2) (USD $)					0 Months Ended	12 Months Ended	1 Months Ended	12 Months Ended			1 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012	Feb. 02, 2012	Nov. 21, 2012 Warrants	Jun. 30, 2013 Warrants	Feb. 29, 2012 Warrants Warrants issued to institutional investor	Jun. 30, 2012 Warrants Warrants issued to institutional investor	Jun. 30, 2012 Common Stock	Nov. 21, 2012 Common Stock Warrants	Feb. 29, 2012 Common Stock Warrants Warrants issued to institutional investor
Stock options and warrants
Number of shares that can be purchased upon exercise of warrants	30,000	400,000	1,700,000	1,250,000						6,375	1,250,000
Exercise price (in dollars per share)	$ 11.69	$ 10.40	$ 23.52	$ 28.00	$ 7.84		$ 28.00
Term of warrants					24 months		14 months
Period after which warrants or rights are exercisable							6 months
Relative fair value of warrants issued					$ 16,000		$ 7,820,000
Number of shares issued in the transaction									1,250,000		1,250,000
Relative fair value of shares issued in the transaction											$ 22,180,000
Significant assumptions used to compute the fair market value
Risk-free interest rate (as a percent)						0.17%		0.15%
Dividend yield (as a percent)						0.00%		0.00%
Volatility factor (as a percent)						114.00%		105.00%
Expected life / remaining term (months / years)						12 months		14 months