CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended	9 Months Ended
Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Costs and expenses:
Depreciation	$ 49	$ 97	$ 204	$ 318
General, administrative and other operating	2,721	8,095	10,316	20,725
Loss from operations	(2,770)us-gaap_OperatingIncomeLoss	(8,192)us-gaap_OperatingIncomeLoss	(10,520)us-gaap_OperatingIncomeLoss	(21,043)us-gaap_OperatingIncomeLoss
Realized loss on disposal of securities		(69)us-gaap_GainLossOnSaleOfSecuritiesNet		(69)us-gaap_GainLossOnSaleOfSecuritiesNet
Interest Income		26us-gaap_InterestIncomeExpenseNet	2us-gaap_InterestIncomeExpenseNet	70us-gaap_InterestIncomeExpenseNet
Loss before income tax	(2,770)	(8,235)	(10,518)	(21,042)
Net loss	$ (2,770)	$ (8,235)	$ (10,518)	$ (21,042)
Basic and diluted loss per share	$ (0.13)us-gaap_EarningsPerShareBasicAndDiluted	$ (0.39)us-gaap_EarningsPerShareBasicAndDiluted	$ (0.50)us-gaap_EarningsPerShareBasicAndDiluted	$ (1.00)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding - basic and diluted	21,046,591	21,046,591	21,046,591	21,046,591

Represents general and administrative expenses and other operating expenses during the period.

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The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

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-Publisher FASB

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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The net gain (loss) realized from the sale, exchange, redemption, or retirement of securities, not separately or otherwise categorized as trading, available-for-sale, or held-to-maturity.

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Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.

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The net amount of operating interest income (expense).

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Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).

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The net result for the period of deducting operating expenses from operating revenues.

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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

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