Earnings (Loss) Per Share (Tables)

12 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Schedule of Income (Loss) Per Share

The following table discloses earnings (loss) per share for the years ended June 30, 2013, 2012 and 2011, respectively:

	2013
	Net Income (Loss)			Shares		Per Share Amount
Basic earnings (loss) per share:
Income (loss) available to common shareholders	$	9,058,090			25,955,006	$	0.35
Effect of dilutive securities—stock options and warrants		—			—		—
Diluted earnings (loss) per share:					612,144	($	0.01	)
Income (loss) available to common shareholders	$	9,058,090			26,567,150	$	0.34
	2012
	Net Income (Loss)			Shares		Per Share Amount
Basic earnings (loss) per share:
Income (loss) available to common shareholders	$	(1,930,822	)		25,707,395	$	(0.08	)
Effect of dilutive securities—stock options and warrants		—			—		—
Diluted earnings (loss) per share:
Income (loss) available to common shareholders	$	(1,930,822	)		25,707,395	$	(0.08	)
	2011
	Net Income (Loss)			Shares		Per Share Amount
Basic earnings (loss) per share:
Income (loss) available to common shareholders	$	(9,691,120	)		25,656,081	$	(0.38	)
Effect of dilutive securities—stock options and warrants		—			—		—
Diluted earnings (loss) per share:
Income (loss) available to common shareholders	$	(9,691,120	)		25,656,081	$	(0.38	)