Stock Options (Tables)

6 Months Ended

Dec. 31, 2015

Employee 2012 Stock Option Plan [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2012 Plan for the six months ended December 31,:

	2015				2014
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		112,500	$	5.30		78,500	$	5.73
Granted		—		—		44,000		4.43
Terminated/Lapsed		(15,000)		4.29		(10,000)		4.88
Exercised		—		—		—		—
Outstanding, end of period		97,500	$	5.46		112,500	$	5.30
Exercisable, end of period		53,500	$	5.54		27,500	$	5.26
Weighted average fair value at grant date of options granted		n/a			$	2.82
Total intrinsic value of options exercised		n/a				n/a
Total intrinsic value of options outstanding	$	61,000			$	13,000
Total intrinsic value of options exercisable	$	30,000			$	3,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2012 Employee Plan at December 31, 2015:

	Options outstanding						Options exercisable
Range of exercise prices	Number outstanding		Weighted average remaining contractual life		Weighted average exercise price		Number exercisable		Weighted average exercise price
$4.29-$6.31		97,500		8.1	$	5.46		53,500	$	5.54
		97,500		8.1	$	5.46		53,500	$	5.54

Non Employee 2012 Stock Option Plan [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2012 Non-Employee Plan for the six months ended December 31,:

	2015				2014
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		35,000	$	4.73		25,000	$	4.88
Granted		—		—		10,000		4.37
Terminated/Lapsed		—		—		—		—
Exercised		—		—		—		—
Outstanding, end of period		35,000	$	4.73		35,000	$	4.73
Exercisable, end of period		19,000	$	4.77		12,000	$	4.80
Weighted average fair value at grant date of options granted		n/a			$	2.86
Total intrinsic value of options exercised		n/a				n/a
Total intrinsic value of options outstanding	$	41,000			$	3,000
Total intrinsic value of options exercisable	$	21,000			$	1,000

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2012 Non-Employee Plan at December 31, 2015:

	Options outstanding						Options exercisable
Range of exercise prices	Number outstanding		Weighted average remaining contractual life		Weighted average exercise price		Number exercisable		Weighted average exercise price
$4.37 - $4.88		35,000		8.0	$	4.73		19,000	$	4.77
		35,000		8.0	$	4.73		19,000	$	4.77

Employee Stock Option Plan 2002 [Member]

Schedule of Share-based Compensation, Stock Options, Activity

The following table reflects activity under the 2002 Employee plan for the six months ended December 31,:

	2015				2014
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		208,500	$	6.86		265,750	$	6.51
Granted		—		—		—		—
Terminated/Lapsed		(1,000)		6.02		(1,000)		6.02
Exercised		(67,500)		5.73		—		—
Outstanding, end of period		140,000	$	7.41		264,750	$	6.51
Exercisable, end of period		140,000	$	7.41		264,750	$	6.51
Weighted average fair value at grant date of options granted		n/a				n/a
Total intrinsic value of options exercised		n/a				n/a
Total intrinsic value of options outstanding	$	9,000			$	—
Total intrinsic value of options exercisable	$	9,000			$	—

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range

The following table summarizes information about stock options outstanding under the 2002 Employee Plan at December 31, 2015:

	Options outstanding and exercisable
Range of exercise prices	Number outstanding		Weighted average  remaining contractual life		Weighted average exercise price
$5.22-$6.62		102,500		1.2	$	6.04
$11.16		37,500		0.2		11.16
		140,000		0.9	$	7.41