SHARE-BASED COMPENSATION (Details 2) - Stock options - USD ($)	3 Months Ended
Sep. 30, 2015	Sep. 30, 2014
Stock Options
Number of options granted (in shares)		6,844
Compensation expense recognized	$ 92,000	$ 135,000
Weighted average grant date fair value of options outstanding (in dollars per share)	$ 7.23	$ 7.16
Significant assumptions used to compute the fair market values
Risk-free interest rate (as a percent)		0.05%
Dividend yield (as a percent)	0.00%	0.00%
Volatility factor (as a percent)		216.00%
Expected life (years)		6 months

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 14.F)

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-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

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- Definition

The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.

+ References

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The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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- Definition

The risk-free interest rate assumption that is used in valuing an option on its own shares.

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- Definition

Gross number of share options (or share units) granted during the period.

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The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology.

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Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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