RELATED PARTY TRANSACTIONS (Details Textual)	12 Months Ended
	Jun. 30, 2012
Percentage Of Performance Base Compensation	20.00%
Amended Performance Compensation Description	Performance based compensation for his management of the Company's securities portfolio equal to 20% of all net investment gains generated in excess of an annual return equal to the Prime Rate of Interest (as published in the Wall Street Journal) plus 2%.