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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Mar. 31, 2014
Fair Value Disclosures [Abstract]  
Fair value hierarchy for company's financial assets and liabilities
As of March 31, 2014 and June 30, 2013, the fair value hierarchy for the Company’s financial liabilities was as follows (in thousands):
 
March 31, 2014
 
June 30, 2013
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
Debt
$
72,408

 
$

 
$
72,408

 
$

 
$
76,129

 
$

 
$
76,129

 
$