FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 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 September 30, 2012
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Restricted cash - mortgage escrow		1,471,000		-		-		1,471,000
Other investments - warrants		-		-		80,000		80,000
Investment in marketable securities:
Basic materials		8,224,000		-		-		8,224,000
Financial services		2,831,000		-		-		2,831,000
Technology		2,505,000		-		-		2,505,000
REITs and real estate companies		513,000		-		-		513,000
Other		1,652,000		-		-		1,652,000
		15,725,000		-		-		15,725,000
	$	17,199,000	$	-	$	80,000	$	17,279,000
Liabilities:
Interest rate swap	$	-	$	48,000	$	-	$	48,000

As of June 30, 2012
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Restricted cash - mortgage escrow		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

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:

							September 30,		Net loss for the three months
Assets	Level 1		Level 2		Level 3		2012		ended September 30, 2012
Other non-marketable investments	$	-	$	-	$	15,379,000	$	15,379,000	$	-

									Net loss for the three months
Assets	Level 1		Level 2		Level 3		June 30, 2012		ended September 30, 2011
Other non-marketable investments	$	-	$	-	$	15,379,000	$	15,379,000	$	(417,000	)