PREPAID LEASES (Tables)

12 Months Ended

Jun. 30, 2017

PREPAID LEASES [Abstract]

Schedule of Operating Lease Further Amortization Expense [Table Text Block]

Further amortization expense is as follows:

Year ending June 30:
2018	$	465,972
2019		465,972
2020		444,823
2021		212,188
2022		212,188
Thereafter		1,983,390
Total	$	3,784,533