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INCOME TAXES (Details) - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Federal    
Current tax benefit (expense) $ 79,000 $ (2,842,000)
Deferred tax benefit 3,349,000 496,000
Federal Income Tax (Expense) Benefit, Continuing Operations, Total 3,428,000 (2,346,000)
State    
Current tax expense (128,000) (844,000)
Deferred tax benefit 640,000 443,000
State and Local Income Tax (Expense) Benefit, Continuing Operations, Total 512,000 (401,000)
Income Tax (Expense) Benefit $ 3,940,000 $ (2,747,000)