STOCK BASED COMPENSATION PLANS (Tables)

12 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the stock options activity from June 30, 2011 through June 30, 2013:

		Number of		Weighted Average		Weighted Average	Aggregate
		Shares		Exercise Price		Remaining Life	Intrinsic Value
Oustanding at	June 30, 2011		162,000	$	11.02	6.48 years	$	2,252,000
Granted			95,000		20.04
Exercised			-		-
Forfeited			-		-
Exchanged			(15,000)		13.72
Oustanding at	June 30, 2012		242,000	$	14.55	7.46 years	$	2,050,000
Exercisable at	June 30, 2012		87,000	$	11.48	4.92 years	$	1,171,000
Vested and Expected to vest at	June 30, 2012		242,000	$	14.55	7.46 years	$	2,050,000
Oustanding at	June 30, 2012		242,000	$	14.55	7.46 years	$	2,050,000
Granted			-
Exercised			(5,000)		10.30
Forfeited			-		-
Exchanged			(15,000)		9.52
Oustanding at	June 30, 2013		222,000	$	14.98	3.87 years	$	1,353,000
Exercisable at	June 30, 2013		105,000	$	13.01	1.86 years	$	838,000
Vested and Expected to vest at	June 30, 2013		222,000	$	14.98	3.87 years	$	1,353,000

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

The table below summarizes the RSUs granted and outstanding.

				Weighted Average
				Grant Date
		Number of RSUs		Fair Value
RSUs outstanding as of	June 30, 2011		20,884	$	16.14
Granted			8,245	$	24.94
Converted to common stock			(20,884)	$	16.14
RSUs outstanding as of	June 30, 2012		8,245	$	24.94
Granted			8,195	$	20.99
Converted to common stock			(8,245)	$	24.94
RSUs outstanding as of	June 30, 2013		8,195	$	20.99