PROPERTY HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jun. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The revenues and expenses are summarized as follows:

For the years ended June 30,	2012			2011
Revenues	$	208,000		$	900,000
Expenses		(149,000	)		(595,000	)
Income from discontinued operations	$	59,000		$	305,000