BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2015

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 March 31,
	2015		2014
Net Income for Basic Earnings Per Share	$	9,916,194	$	7,209,131
Basic Weighted Average Number of Shares		34,783,456		31,825,562
Net Income Per Share – Basic	$	0.29	$	0.23
Net Income for Diluted Earnings Per Share	$	9,916,194	$	7,209,131
Diluted Weighted Average Number of Shares		34,783,456		31,825,562
Net Income Per Share – Diluted	$	0.29	$	0.23

	For the Nine Months Ended March 31,
	2015		2014
Net Income for Basic Earnings Per Share	$	23,230,713	$	21,263,325
Basic Weighted Average Number of Shares		33,471,214		31,201,076
Net Income Per Share – Basic	$	0.69	$	0.68
Net Income for Diluted Earnings Per Share	$	23,230,713	$	21,263,325
Diluted Weighted Average Number of Shares		33,471,214		31,201,076
Net Income Per Share – Diluted	$	0.69	$	0.68