Long-Term Debt (Trace RDA Loan and Trace Working Capital Loan) - Additional Information (Detail) - Trace RDA Loan [Member] - USD ($) |
12 Months Ended | ||
---|---|---|---|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jul. 11, 2012 |
|
Debt Instrument [Line Items] | |||
Working Capital Loan Agreement, initiation date | Jul. 05, 2012 | ||
Debt instrument maturity period | 15 years | ||
Floating rate of interest, spread | 1.50% | ||
Floating rate of interest, lesser | 6.00% | ||
Floating rate of interest equal to the greater of (i) the prime rate (as published in The Wall Street Journal) plus variable or (ii) stated | 6.00% | ||
Loan proceeds applied as payment against the company's senior debt | $ 8,500,000 | ||
Loan proceeds to be used to finance improvements | $ 850,000 | ||
Debt instrument description | Trace RDA Loan bears a floating rate of interest equal to the greater of (i) the prime rate (as published in The Wall Street Journal) plus 1.5%, or (ii) 6% | ||
Line of credit, borrowing base | 80.00% | ||
Line of credit, ceiling amount | $ 500,000 | ||
Line of credit, outstanding borrowings | $ 0 | $ 0 | |
Working capital expiration date | Jul. 02, 2016 | ||
Line of credit, loan description | The Trace Working Capital Loan as amended provides for a revolving line of credit to Trace equal to the lesser of (i) a Borrowing Base equal to eighty percent (80%) of Eligible Accounts Receivable (as defined in the Working Capital Loan Agreement dated July 5, 2012) or (ii) $500. | ||
Mortgages [Member] | |||
Debt Instrument [Line Items] | |||
Date of loan agreement | Jul. 05, 2012 | ||
Loan agreement amount | $ 9,975,000 |