PROPERTY HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jun. 30, 2013

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
Revenues	$	208,000
Expenses		(149,000)
Income from discontinued operations	$	59,000