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UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES UNAUTHORIZED TRANSACTION RELATED COSTS AND RECOVERIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Unauthorized Transaction Related Costs and Recoveries [Abstract]        
Legal fees incurred $ 40,000 $ 1,639,074 $ 77,500 $ 1,714,074
Gross proceeds from the settlement of the third party lawsuit 0 (3,000,000) 0 (3,000,000)
Proceeds from asset forfeitures (337) (25) (3,741) (75)
Unauthorized transaction related costs (recoveries), net $ 39,663 $ (1,360,951) $ 73,759 $ (1,286,001)