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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Dec. 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:
 
 
 
Three Months Ended December 31,
 
 
 
2015
 
2014
 
Net Income for Basic Earnings Per Share
 
$
4,267,535
 
$
5,215,437
 
Basic Weighted Average Number of Shares
 
 
36,933,002
 
 
33,281,464
 
Net Income Per Share – Basic
 
$
0.12
 
$
0.16
 
Net Income for Diluted Earnings Per Share
 
$
4,267,535
 
$
5,215,437
 
Diluted Weighted Average Number of Shares
 
 
36,933,002
 
 
33,281,464
 
Net Income Per Share – Diluted
 
$
0.12
 
$
0.16
 
 
 
 
Six Months Ended December 31,
 
 
 
2015
 
2014
 
Net Income for Basic Earnings Per Share
 
$
11,513,207
 
$
13,314,519
 
Basic Weighted Average Number of Shares
 
 
36,436,026
 
 
32,829,357
 
Net Income Per Share – Basic
 
$
0.32
 
$
0.41
 
Net Income for Diluted Earnings Per Share
 
$
11,513,207
 
$
13,314,519
 
Diluted Weighted Average Number of Shares
 
 
36,436,026
 
 
32,829,357
 
Net Income Per Share – Diluted
 
$
0.32
 
$
0.41