1. NATURE OF OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Assets and liabilities measured at fair value on a recurring basis

The following are the classes of assets and liabilities measured at fair value on a recurring basis at September 30, 2013, using quoted prices in active markets for identical assets (Level 1); significant other observable inputs (Level 2); and significant unobservable inputs (Level 3):

	Level 1:
	Quoted Prices		Level 2:
	in active		Significant		Level 3:		Total
	Markets		Other		Significant		at
	for Identical		Observable		Unobservable		September 30,
	Assets		Inputs		Inputs		2013
Marketable Securities - Restricted	$	-	$	1,293,700	$	-	$	1,293,700
Asset Retirement Obligation		-		-		417,400		417,400
Contingent Land Payment		-		-		646,100		646,100
Contingent Purchase Price		-		-		516,900		516,900
	$	-	$	1,293,700	$	1,580,400	$	2,874,100