INCOME TAX (Tables)

12 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of sources of deferred tax assets and liability

	2016			2015
Deferred Income Tax Assets:
Inventories	$	1,223		$	1,075
Trade Receivables		6,310			6,213
Deferred Income		4,332			4,828
Total Deferred Income Tax Assets		11,865			12,116
Deferred Income Tax Liability:
Property and Equipment		(94,778	)		(103,694	)
NET DEFERRED INCOME TAX LIABILITY	$	(82,913	)	$	(91,578	)

Schedule of net deferred income tax asset (liability)

	2016			2015
Current Deferred Income Tax Asset	$	7,533		$	7,288
Noncurrent Deferred Income Tax Liability		(90,446	)		(98,866	)
NET DEFERRED INCOME TAX LIABILITY	$	(82,913	)	$	(91,578	)

Schedule of provision (credit) for income taxes

	2016			2015
Current Income Tax Expense	$	11,138		$	41,400
Deferred Income Tax Expense (Credit)		(8,665	)		19,449
	$	2,473		$	60,849

Schedule of effective income tax rate reconciliation

	2016			2015
Computed at Federal Statutory Rate of 34%	$	12,309		$	68,623
Increase (Decrease) in Income Taxes Resulting from:
Federal Tax Adjustment Due to Actual Rate vs. Statutory Rate		(9,730	)		(10,129	)
Non-Deductible Expenses		630			640
Domestic Production Activities Deduction Credit		(1,767	)		(4,453	)
Other		(27	)		132
State Income Taxes		1,058			6,036
	$	2,473		$	60,849