Share-Based Payments (Tables)

3 Months Ended

Sep. 30, 2013

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

Schedule of Restricted Stock

	Shares		Weighted Average Grant Date Fair Value
Nonvested at July 1, 2013	1,869,168		$	31.11
Granted	—		—
Vested	(4,167	)	12.00
Forfeited and canceled	(25,001	)	17.67
Nonvested at September 30, 2013	1,840,000		$	30.83

Schedule of Stock Options

The following table summarizes the Company's stock option activity for three months ended September 30, 2013:

	Number of Options		Weighted average exercise price
Outstanding at June 30, 2013	17,904,728		$	1.70
Granted	953,388		0.65
Exercised	—		—
Forfeited and canceled	(844,174	)	1.15
Outstanding at September 30, 2013	18,013,942		1.67
Exercisable at September 30, 2013	8,044,592		$	1.90

Schedule weighted average assumptions

The fair value of the options granted during the three months ended September 30, 2013 and 2012 were estimated based on the following weighted average assumptions:

	Three Months Ended September 30,
	2013			2012
Expected volatility	80		%	80		%
Risk-free interest rate	1.77		%	0.99		%
Expected dividend yield	—			—
Expected life (in years)	6.20			6.42
Estimated fair value per option granted	$	0.45		$	0.87