Income Taxes (Tables)

9 Months Ended

Mar. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of income tax expense (benefit)

For the three and nine months ended March 31, 2018 and 2017, the Company recorded income tax expense (benefit), as follows:

	For the three months ended						For the nine months ended
	March 31,						March 31,
	2018			2017			2018			2017
Income tax expense (benefit)	$	411,405		$	(219,000	)	$	(97,744	)	$	(275,000	)
Provisional reduction of deferred tax
asset relating to Tax Legislation		—			—			1,764,039			—
Valuation allowance on deferred tax asset		(411,405	)		—			3,577,127			—
Net income tax expense (benefit)	$	—		$	(219,000	)	$	5,243,422		$	(275,000	)