INVESTMENT IN MARKETABLE SECURITIES (Tables)

6 Months Ended

Dec. 31, 2012

Investments, Debt and Equity Securities [Abstract]

Marketable Securities [Table Text Block]

The change in the unrealized gains and losses on these investments are included in earnings. Trading securities are summarized as follows:

			Gross		Gross			Net		Fair
Investment	Cost		Unrealized Gain		Unrealized Loss			Unrealized Gain		Value
As of December 31, 2012
Corporate
Equities	$	10,510,000	$	3,405,000	$	(1,881,000	)	$	1,524,000	$	12,034,000
As of June 30, 2012
Corporate
Equities	$	7,181,000	$	3,797,000	$	(1,997,000	)	$	1,800,000	$	8,981,000

Gain (Loss) on Investments [Table Text Block]

Net loss on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of the two components for the respective periods:

For the three months ended December 31,	2012			2011
Realized (loss) gain on marketable securities	$	(428,000	)	$	62,000
Unrealized loss on marketable securities		(1,680,000	)		(248,000	)
Net loss on marketable securities	$	(2,108,000	)	$	(186,000	)

For the six months ended December 31,	2012			2011
Realized loss on marketable securities	$	(219,000	)	$	(1,835,000	)
Unrealized loss on marketable securities		(364,000	)		(3,006,000	)
Net loss on marketable securities	$	(583,000	)	$	(4,841,000	)