PROPERTY HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Dec. 31, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The revenues and expenses from the operation of the held for sale property for respective periods are summarized as follows:

For the three months ended December 31,	2011
Revenues	$	92,000
Expenses		(63,000	)
Income from discontinued operations	$	29,000

For the six months ended December 31,	2011
Revenues	$	180,000
Expenses		(133,000	)
Income from discontinued operations	$	47,000