EARNINGS PER SHARE (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Class of Stock [Line Items]
Net income	$ 34,701	$ 11,137
Preferred dividend requirements:
Total dividend requirements	32,018	32,018
Net income (loss) - common stockholders	2,683	(20,881)
Weighted average shares - basic	969,834	969,834
Dilutive effect of contingently issuable shares	1,033,334	1,033,334
Weighted average shares - diluted	2,003,168	2,003,168
Basic loss per share (in dollars per share)	$ 0.00	$ (0.02)
Diluted loss per share (in dollars per share)	$ 0.00	$ (0.02)
6% Prior Cumulative Preferred, $5 par value
Preferred dividend requirements:
Total dividend requirements	15,000	15,000
5% Convertible Cumulative Preferred, $20 par value
Preferred dividend requirements:
Total dividend requirements	$ 17,018	$ 17,018