PREFERRED DIVIDENDS (Details Narrative)	7 Months Ended	12 Months Ended	5 Months Ended
	Feb. 01, 2015	Jun. 30, 2016	Jun. 30, 2015
Dividends on Preferred Shares, Rate	15.00%	18.00%
Cash Distribution [Member]
Dividends on Preferred Shares, Rate			7.00%
PIK Unit [Member]
Dividends on Preferred Shares, Rate			9.00%