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Equity (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Net (loss) income $ (2,739,173) $ 1,690,871 $ 6,338,972 $ 7,137,922
Preferred stock dividends 67,082 0 67,082 0
Net loss applicable to common shareholders $ (2,806,255) $ 1,690,871 $ 6,271,890 $ 7,137,922
Weighted average shares used in the computation of basic earnings per share (in shares) 4,327,990 958,030 2,064,951 958,030
(Loss) earnings per share - basic $ (0.65) $ 1.76 $ 3.04 $ 7.45
Dilutive        
(Loss) income available to common shareholders $ (2,806,255) $ 1,690,871 $ 6,271,890 $ 7,137,922
Less increase in fair value of warrants, net of income tax 0 0 205,360 0
Interest on convertible debt, net of income tax 0 0 19,982 0
Preferred stock dividends 0 0 67,082 0
(Loss) income applicable to common shareholders plus assumed conversions $ (2,806,255) $ 1,690,871 $ 6,564,314 $ 7,137,922
Shares used in the computation of basic earnings per share 4,327,990 958,030 2,064,951 958,030
Dilutive effect of options and warrants convertible debt and convertible preferred 0 0 630,039 0
Shares used in the computation of diluted earnings per share 4,327,990 958,030 2,694,990 958,030
(Loss) earnings per share - diluted $ (0.65) $ 1.76 $ 2.44 $ 7.45