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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Sep. 30, 2014
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The components of basic and diluted earnings per share consist of the following:
 
 
 
For the Three Months Ended
September 30,
 
 
 
2014
 
2013
 
Net Income for Basic Earnings Per Share
 
$
8,099,082
 
$
10,378,457
 
Basic Weighted Average Number of Shares
 
 
32,377,250
 
 
29,973,726
 
Net Income per Share – Basic
 
$
0.25
 
$
0.35
 
Net Income for Diluted Earnings Per Share
 
$
8,099,082
 
$
10,378,457
 
Diluted Weighted Average Number of Shares
 
 
32,377,250
 
 
29,973,726
 
Net Income per Share – Diluted
 
$
0.25
 
$
0.35