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Property and Equipment (Tables)

9 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property and Equipment consists of the following:



	March 31, 2013	June 30, 2012

Leasehold Improvements	$2,042	$1,839
Furniture and Fixtures	550	441
Computer Equipment	1,002	785
Software	103	95
Total	3,697	3,160
Accumulated Depreciation and Amortization	(764)	(299)
Property and Equipment, net	$2,933	$2,861

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details