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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]      
Net income (loss) $ 666,503 $ (3,849,773) $ (2,490,145)
Other Comprehensive Income (Loss):      
Unrealized loss on marketable securities (26,128) 0 0
Reclassification adjustment 26,128 0 0
Net income (loss) on marketable securities 0 0 0
Comprehensive income (loss) $ 666,503 $ (3,849,773) $ (2,490,145)