Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2016

Stockholders' Equity [Abstract]

Schedule of compensation-related restricted stock awards

				Fair			Grant Date
	Number of			Value of			Fair Value
	Shares			Shares			Per share
Outstanding (unvested) at June 30, 2014		1,714,000		$	3,104,759
Granted		1,750,000			3,675,000		$	2.10
Forfeited		-			-
Vested		(1,756,000	)		(4,981,767	)
Outstanding (unvested) at June 30, 2015		1,708,000		$	1,797,992
Granted		1,000,000			1,660,000		$	1.66
Granted		670,000			897,800		$	1.34
Forfeited		-			-
Vested		(2,790,000	)		(4,120,528	)
Outstanding (unvested) at June 30, 2016		588,000		$	235,264