Leases

12 Months Ended

Jun. 30, 2012

Leases [Abstract]

Leases of Lessor Disclosure [Text Block]

6. Leases

Misonix has entered into several noncancellable operating leases for the rental of certain manufacturing and office space, equipment and automobiles expiring in various years through 2017. The principal building lease provides for a monthly rental amount of approximately $23,000. The Company also leases certain office equipment and automobiles under operating leases expiring through fiscal 2017.

The following is a schedule of future minimum lease payments, by year and in the aggregate, under operating leases with initial or remaining terms of one year or more at June 30, 2012:

	Operating
	Leases
2013	$	321,537
2014		326,555
2015		331,291
2016		25,968
2017		16,639
Total minimum lease payments	$	1,021,990

Certain of the leases provide for escalation clauses, renewal options and the payment of real estate taxes and other occupancy costs. Rent expense for all operating leases was approximately $386,000 and $420,000 for the years ended June 30, 2012 and 2011, respectively.