Stock Options (Tables)

3 Months Ended

Sep. 30, 2016

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 three months ended September 30,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		112,500	$	5.54		112,500	$	5.30
Granted		—		—		—		—
Terminated/Lapsed		—		—		(15,000)		4.29
Exercised		—		—		—		—
Outstanding, end of period		112,500	$	5.54		97,500	$	5.46
Exercisable, end of period		60,700	$	5.55		29,500	$	5.33
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	$	186,000			$	69,000
Total intrinsic value of options exercisable	$	100,000			$	24,000

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 September 30, 2016:

	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		112,500		7.7	$	5.54		60,700	$	5.55
		112,500		7.7	$	5.54		60,700	$	5.55

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 three months ended September 30,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		35,000	$	4.73		35,000	$	4.73
Granted		—		—		—		—
Terminated/Lapsed		—		—		—		—
Exercised		—		—		—		—
Outstanding, end of period		35,000	$	4.73		35,000	$	4.73
Exercisable, end of period		24,000	$	4.80		17,000	$	4.82
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	$	86,000			$	46,000
Total intrinsic value of options exercisable	$	57,000			$	21,000

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 September 30, 2016:

	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		7.3	$	4.73		24,000	$	4.80
		35,000		7.3	$	4.73		24,000	$	4.80

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 three months ended September 30,:

	2016				2015
	Options		Weighted average exercise price		Options		Weighted average exercise price
Outstanding, beginning of year		102,500	$	6.86		208,500	$	6.86
Granted		—		—		—		—
Terminated/Lapsed		—		—		—		—
Exercised		—		—		—		—
Outstanding, end of period		102,500	$	6.86		208,500	$	6.86
Exercisable, end of period		102,500	$	6.86		208,500	$	6.86
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	$	118,000			$	37,000
Total intrinsic value of options exercisable	$	118,000			$	37,000

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 September 30, 2016:

	Options outstanding and exercisable
Range of exercise prices	Number outstanding		Weighted average remaining contractual life		Weighted average exercise price
$5.35 - $6.62		102,500		0.4	$	6.04
		102,500		0.4	$	6.04