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

6 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Assets and liabilities measured at fair value on a recurring basis

Fair Value at December 31, 2016
		Level 1:
		Quoted Prices		Level 2:
		in active		Significant		Level 3:		Total
		Markets		Other		Significant		at
		for Identical		Observable		Unobservable		December 31,
		Assets		Inputs		Inputs		2016
Asset Retirement Obligation	$	-	$	-	$	434,000	$	434,000
Contigent Land Payment		-		-		682,000		682,000
	$	-	$	-	$	1,116,000	$	1,116,000

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		-		9,300		9,300
Closing balance		$	434,000	$	682,000	$	1,116,000