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STOCKHOLDERS' EQUITY (Details) - Restricted Stock [Member]
6 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
shares
Outstanding (unvested) | shares 1,708,000
Granted | shares 1,000,000
Forfeited | shares 0
Vested | shares (1,312,000)
Outstanding (unvested) | shares 1,396,000
Fair Value, Outstanding (unvested) | $ $ 1,797,992
Fair Value, Granted | $ 1,660,000
Fair Value, Forfeited | $ 0
Fair Value, Vested | $ (1,732,236)
Fair Value, Outstanding (unvested) | $ $ 1,725,756
Grand Date Fair Value Per share, Granted | $ / shares $ 1.66