Earnings (LOSS) PER SHARE (Tables)

3 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Schedule of earnings (loss) per share computed on weighted average of outstanding common shares

	Three Months Ended
	September 30
	2018			2017
Net Income (Loss)	$	1,292		$	(56,847	)
Preferred Dividend Requirements:
6% Prior Cumulative Preferred, $5 Par Value		15,000			15,000
5% Convertible Cumulative Preferred, $20 Par Value		17,018			17,018
Total Dividend Requirements		32,018			32,018
Net Loss - Common Stockholders	$	(30,726	)	$	(88,865	)

	Three Months Ended
	September 30
	2018			2017
Weighted Average Shares - Basic		969,834			969,834
Dilutive Effect of Contingently Issuable Shares		1,033,334			1,033,334
Weighted Average Shares – Diluted		2,003,168			2,003,168
Basic Loss per Share	$	(0.03	)	$	(0.09	)
Diluted Loss per Share	$	(0.03	)	$	(0.09	)

Schedule of total dividends in arrears, on a per share basis

	Three Months Ended
	September 30
	2018		2017
6% Convertible
Series A	$	18	$	18
Series B	$	17	$	17
5% Convertible
Series A	$	69	$	68
Series B	$	69	$	68