SHARE-BASED COMPENSATION (Details 3) (USD $)					12 Months Ended					12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012	Feb. 02, 2012	Jun. 30, 2014 Warrants	Jun. 30, 2013 Warrants	Jun. 30, 2012 Warrants	Jun. 30, 2011 Warrants	Nov. 21, 2012 Warrants	Jun. 30, 2013 Exercise price of $ 7.20 Warrants	Jun. 30, 2014 Exercise price of $ 7.84 Warrants	Jun. 30, 2013 Exercise price of $ 7.84 Warrants	Jun. 30, 2014 Exercise price of $ 12.64 Warrants	Jun. 30, 2013 Exercise price of $ 12.64 Warrants	Jun. 30, 2013 Exercise price of $ 32.00 Warrants
Warrants
Outstanding at the beginning of the year (in shares)					434,962	1,678,587	482,337
Granted (in shares)						6,375	1,250,000
Exercised (in shares)							(53,750)
Expired (in shares)					(402,604)	(1,250,000)
Outstanding at the end of the year (in shares)					32,358	434,962	1,678,587	482,337
Weighted Average Share Price
Outstanding at the beginning of the year (in dollars per share)					$ 10.40	$ 23.52	$ 10.08
Granted (in dollars per share)						$ 7.84	$ 28.00
Exercised (in dollars per share)							$ 7.20
Expired (in dollars per share)					$ 10.28	$ 28.00
Outstanding at the end of the year (in dollars per share)					$ 11.69	$ 10.40	$ 23.52	$ 10.08
Weighted average remaining contractual life (years)
Outstanding at the end of the year					1 year 1 month 13 days	1 year 7 days	1 year 29 days	3 years 11 days
Aggregate intrinsic value
Outstanding at the end of the year								$ 11,737,345
Warrants outstanding and exercisable
Average exercise price of warrants (in dollars per share)	$ 11.69	$ 10.40	$ 23.52	$ 28.00					$ 7.84	$ 7.20	$ 7.84	$ 7.84	$ 12.64	$ 12.64	$ 32.00
Outstanding Number of Shares					32,358	434,962				351,250	6,375	7,729	25,983	25,983	50,000
Remaining Life										1 year	1 year	1 year	1 year	2 years	1 year
Exercisable Number of Shares					32,358	434,962				351,250	6,375	7,729	25,983	25,983	50,000