XML 47 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jun. 30, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The assets measured at fair value on a recurring basis are as follows:

 

As of June 30, 2012                        
    Level 1     Level 2     Level 3     Total  
Assets:                                
Cash equivalents - money market   $ 3,000     $ -     $ -     $ 3,000  
Restricted cash     1,977,000       -       -       1,977,000  
Other investments - warrants             -       282,000       282,000  
Investment in marketable securities:                                
Basic materials     4,706,000       -       -       4,706,000  
Technology     1,203,000       -       -       1,203,000  
REITs and real estate companies     866,000       -       -       866,000  
Financial services     743,000       -       -       743,000  
Other     1,463,000       -       -       1,463,000  
      8,981,000       -       -       8,981,000  
    $ 10,961,000     $ -     $ 282,000     $ 11,243,000  
Liabilities:                                
Interest rate swap   $ -     $ 60,000     $ -     $ 60,000  

 

As of June 30, 2011                        
    Level 1     Level 2     Level 3     Total  
Assets:                                
Cash equivalents - money market   $ 3,000     $ -     $ -     $ 3,000  
Restricted cash     2,148,000       -       -       2,148,000  
Other investments - warrants             -       749,000.00       749,000  
Investment in marketable securities:                                
Basic materials     4,978,000       -       -       4,978,000  
Services     3,740,000       -       -       3,740,000  
Investment funds     3,358,000       -       -       3,358,000  
Financial services     2,012,000       -       -       2,012,000  
REITs and real estate companies     2,851,000       -       -       2,851,000  
Other     2,499,000       -       -       2,499,000  
      19,438,000       -       -       19,438,000  
    $ 21,589,000     $ -     $ 749,000     $ 22,338,000  
Liabilities:                                
Interest rate swap   $ -     $ 91,000     $ -     $ 91,000  

 

Warrants - Transfer into Level 3 Reconciliation   Level 3  
Beginning balance as of  June 30, 2011 - Level 3   $ -  
Transfer in from Level 2 Other investments - warrants     749,000  
Unrealized loss for they year ended June 30, 2012     (467,000 )
Ending balance as of June 30, 2012 - Level 3   $ 282,000  
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

 

                            Net loss for the year  
Assets   Level 1     Level 2     Level 3     June 30, 2011     ended June 30, 2012  
                                         
Other non-marketable investments   $ -     $ -     $ 15,379,000     $ 15,379,000     $ (917,000 )

 

                            Net gain for the year  
Assets   Level 1     Level 2     Level 3     June 30, 2011     ended June 30, 2011  
                                         
Other non-marketable investments   $ -     $ -     $ 16,536,000     $ 16,536,000     $ 10,446,000