PREFERRED DIVIDENDS (Details Narrative)	7 Months Ended	9 Months Ended	12 Months Ended
	Feb. 01, 2015	Mar. 31, 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%