XML 19 R28.htm IDEA: XBRL DOCUMENT v2.4.0.6
9. FAIR VALUE - CONTINGENT PAYMENTS (Tables)
9 Months Ended
Mar. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Contingent payments

Details of the contingent payments are as follows:

 

    March 31,    June 30,
    2013   2012
Fair value - contingent land payment $             636,700 $         625,000
Fair value - contingent purchase price                509,400           500,000
             1,146,100         1,125,000
         Less current portion               (50,000)           (50,000)
Fair value - contingent payments, long-term $          1,096,100  $        1,075,000