PREFERRED STOCK (Detail Textuals)	6 Months Ended
	Dec. 31, 2015 $ / shares shares
Common Stock
Class of Stock [Line Items]
Preferred shares converted into common stock | shares	0.194
Cumulative unpaid dividends converted into common shares, Convertible price per common share (in dollars per share)	$ 1,000
Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock voting rights	0.194 of a vote
Series A preferred stock annual cumulative dividend price per share (in dollars per share)	$ 1.50
Series A preferred stock, redemption price per share (in dollars per share)	11.00
Liquidation price to be received by series A preferred stock holder for each outstanding share plus all cumulative unpaid dividends (in dollars per share)	$ 10.00