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STOCK OPTIONS (Tables)
 12 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]
Options outstanding and related weighted average price and intrinsic value are as follows:
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Average
 
 
 
 
 
Number
 
Exercise
 
Aggregate
 
 
 
of Shares
 
Price
 
Intrinsic Value
 
Outstanding, June 30, 2012
 
 
115,099
 
 
14.66
 
 
-
 
Granted
 
 
-
 
 
 
 
 
 
 
Forfeited/Canceled
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
 
 
Outstanding, June 30, 2013
 
 
115,099
 
 
14.66
 
 
-
 
Granted
 
 
-
 
 
 
 
 
 
 
Forfeited/Canceled
 
 
-
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
 
 
Outstanding, June 30, 2014
 
 
115,099
 
 
14.66
 
 
-
 
Granted
 
 
-
 
 
 
 
 
 
 
Forfeited/Canceled/Expired
 
 
(115,099)
 
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
 
 
Outstanding, June 30, 2015
 
 
-
 
 
-
 
 
-