FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 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 December 31, 2012
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Restricted cash - mortgage escrow		1,629,000		-		-		1,629,000
Other investments - warrants		-		-		16,000		16,000
Investment in marketable securities:
Basic materials		5,156,000		-		-		5,156,000
Financial services		1,500,000		-		-		1,500,000
Technology		1,297,000		-		-		1,297,000
REITs and real estate companies		578,000		-		-		578,000
Other		3,503,000		-		-		3,503,000
		12,034,000		-		-		12,034,000
	$	13,666,000	$	-	$	16,000	$	13,682,000
Liabilities:
Interest rate swap	$	-	$	32,000	$	-	$	32,000

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:

									Net loss for the six months
Assets	Level 1		Level 2		Level 3		December 31, 2012		ended December 31, 2012
Other non-marketable investments	$	-	$	-	$	15,379,000	$	15,379,000	$	-

									Net loss for the six months
Assets	Level 1		Level 2		Level 3		June 30, 2012		ended December 31, 2011
Other non-marketable investments	$	-	$	-	$	15,379,000	$	15,379,000	$	(632,000	)