ACCRUED LIABILITIES (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013
Payables and Accruals [Abstract]
Accrued stock-based compensation	$ 1,122,188	$ 497,012
Accrued compensation	352,764	295,377
Accrued other liabilities	171,930	176,892
Accrued dividends	154,473	123,578
Accrued interest		4,123
Accrued liabilities	$ 1,801,355	$ 1,096,982