Basis of Presentation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2016

Basis of Presentation and Summary of Significant Accounting Policies [Abstract]

Schedule of estimated useful lives

	Estimated Useful Life
Building	10-25 years
Agricultural assets	8 years
Machinery and equipment	5-15 years
Vehicles	3-5 years

Schedule of deferred assets

	June 30,			June 30,
	2016			2015
Total Deferred Assets	$	130,086,315		$	141,495,879
Less: accumulated amortization		(116,654,694	)		(89,968,670	)
Total	$	13,431,621		$	51,527,209

Summary of changes in goodwill by reporting segments

	Balance at				Foreign			Balance at
	June 30,				Currency			June 30,
Segment	2015		Additions		Adjustment			2016
Gufeng	$	5,245,643		-	$	(422,984	)		4,822,659
Acquisition of VIE Companies		-		3,158,179		-			3,158,179
	$	5,245,643	$	3,158,179	$	(422,984	)	$	7,980,838

Summary of assets and liabilities required to reflected within the fair value

	Fair Value		Fair Value Measurements at
	As of June 30,		June 30, 2016
Description	2016		Using Fair Value Hierarchy
			Level 1		Level 2		Level 3
Derivative liability	$	144,818	$	-	$	144,818	$	-

Schedule of fair value using a binomial option pricing model

Risk-free rate	2.5	%
Volatility	51.2	%
Dividend yield	0.0	%
Country risk premium	90.0	%
Liquidity risk premium	3.0	%

Components of basic and diluted earnings per share

	Years Ended June 30,
	2016		2015
Net Income for Basic Earnings Per Share	$	24,704,193	$	31,445,126
Basic Weighted Average Number of Shares		36,703,576		33,983,698
Net Income Per Share – Basic	$	0.67	$	0.93
Net Income for Diluted Earnings Per Share	$	24,704,193	$	31,445,126
Diluted Weighted Average Number of Shares		36,703,576		33,983,698
Net Income Per Share – Diluted	$	0.67	$	0.93