Loss Per Share (Tables)

9 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Basic and Diluted Net Loss Per Share of Common Stock

A reconciliation of the components of basic and diluted net loss per share of common stock is presented below:

	Three Months Ended March 31,
	2014							2013
	Loss			Weighted Average Shares	Loss Per Share			Loss			Weighted Average Shares	Loss Per Share
Basic Loss per Share:
Net loss attributable to common stock	$	(679,524	)	3,805,539	$	(0.18	)	$	(501,033	)	2,642,495	$	(0.19	)
Diluted Loss per Share:
Net loss attributable to common stock	$	(679,524	)	3,805,539	$	(0.18	)	$	(501,033	)	2,642,495	$	(0.19	)
	Nine Months Ended March 31,
	2014							2013
	Loss			Weighted Average Shares	Loss Per Share			Loss			Weighted Average Shares	Loss Per Share
Basic Loss per Share:
Net loss attributable to common stock	$	(8,471,985	)	3,774,576	$	(2.24	)	$	(5,899,240	)	2,537,466	$	(2.32	)
Diluted Loss per Share:
Net loss attributable to common stock	$	(8,471,985	)	3,774,576	$	(2.24	)	$	(5,899,240	)	2,537,466	$	(2.32	)
	Period from Inception (October 15, 2009) to March 31, 2014
	Loss			Weighted Average Shares	Loss Per Share
Basic Loss per Share:
Net loss attributable to common stock	$	(26,721,160	)	2,273,906	$	(11.75	)
Diluted Loss per Share:
Net loss attributable to common stock	$	(26,721,160	)	2,273,906	$	(11.75	)