A. Basis of Presentation, Accounting Policies and Recent Accounting Pronouncements (Tables)

3 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Assets and liabilities measured at fair value on a recurring basis

Fair Value at September 30, 2016
		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		2016
Asset Retirement Obligation	$	-	$	-	$	434,000	$	434,000
Contigent Land Payment		-		-		677,400		677,400
	$	-	$	-	$	1,111,400	$	1,111,400

Fair Value at June 30, 2016
		Level 1:
		Quoted Prices		Level 2:
		in active		Significant		Level 3:		Total
		Markets		Other		Significant		at
		for Identical		Observable		Unobservable		June 30,
		Assets		Inputs		Inputs		2016
Asset Retirement Obligation	$	-	$	-	$	434,000	$	434,000
Contigent Land Payment		-		-		672,700		672,700
	$	-	$	-	$	1,106,700	$	1,106,700

Reconciliation of Assets and liabilities measured at fair value on a recurring basis

			Asset		Contingent
			Retirement		Land
			Obligation		Payment		Total
Opening balance		$	434,000	$	672,700	$	1,106,700
	Accretion expense		-		4,700		4,700
Closing balance		$	434,000	$	677,400	$	1,111,400