5. Land, Property and Equipment (Details) (USD $)	6 Months Ended
Dec. 31, 2012	Jun. 30, 2012
Land, property and equipment	$ 4,428,900	$ 3,567,700
Less accumulation depreciation	(101,400)	(43,100)
Net book value	4,327,500	3,524,600
Additions	861,200
Transfers
Land and improvements
Land, property and equipment	1,393,400	1,383,400
Additions	10,000
Transfers
Office furniture and equipment
Land, property and equipment	51,300	48,700
Additions	2,600
Transfers
Water disposal facility
Land, property and equipment	2,668,100
Additions
Transfers	2,668,100
Production equipment
Land, property and equipment	198,100	79,500
Additions	118,600
Transfers
Construction in progress
Land, property and equipment	118,000	2,056,100
Additions	730,000
Transfers	$ (2,668,100)

The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.

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Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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- Definition

Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

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