FAIR VALUE MEASUREMENTS (Details) (USD $)	Dec. 31, 2012	Jun. 30, 2012
Money Market Fund	$ 32,344,788	$ 3,344,146
Quoted prices in active markets (Level 1)
Money Market Fund	32,344,788	3,344,146
Quoted prices in active markets (Level 2)
Money Market Fund
Quoted prices in active markets (Level 3)
Money Market Fund

Amount of deposits in accounts that offer many of the same services as checking accounts although transactions may be somewhat more limited, share some of the characteristics of a money market fund and are insured by the Federal government, also known as money market accounts.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.12)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher OTS

-Name Federal Regulation (FR)

-Number Title 12

-Section 563c.102

-Paragraph 14

-Subparagraph a(i)

-Chapter V

-LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy.

Name:	us-gaap_DepositsMoneyMarketDeposits
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant