EARNINGS (LOSS) PER SHARE (Details) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Class of Stock [Line Items]
Net income (loss)	$ (34,803)	$ (57,951)	$ 142,437	$ 89,018
Preferred dividend requirements:
Total dividend requirements	32,018	32,018	96,054	96,054
Net income (loss) - common stockholders	(66,821)	(89,969)	46,383	(7,036)
Weighted average shares - basic (in shares)	969,834	969,834	969,834	969,834
Dilutive effect of contingently issuable shares (in shares)	1,033,334	1,033,334	1,033,334	1,033,334
Weighted average shares - diluted (in shares)	2,003,168	2,003,168	2,003,168	2,003,168
Basic earnings (loss) per share (in dollars per share)	$ (0.07)	$ (0.09)	$ 0.05	$ (0.01)
Diluted earnings (loss) per share (in dollars per share)	$ (0.07)	$ (0.09)	$ 0.02	$ (0.01)
6% Prior Cumulative Preferred, $5 par value
Preferred dividend requirements:
Total dividend requirements	15,000	15,000	45,000	45,000
5% Convertible Cumulative Preferred, $20 par value
Preferred dividend requirements:
Total dividend requirements	$ 17,018	$ 17,018	$ 51,054	$ 51,054