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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jun. 30, 2013
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, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents - money market
 
$
3,000
 
$
-
 
$
-
 
$
3,000
 
Restricted cash
 
 
2,448,000
 
 
-
 
 
-
 
 
2,448,000
 
Other investments - warrants
 
 
 
 
 
-
 
 
6,000
 
 
6,000
 
Investment in marketable securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic materials
 
 
4,733,000
 
 
-
 
 
-
 
 
4,733,000
 
Technology
 
 
2,698,000
 
 
-
 
 
-
 
 
2,698,000
 
Financial services
 
 
2,261,000
 
 
-
 
 
-
 
 
2,261,000
 
REITs and real estate companies
 
 
878,000
 
 
-
 
 
-
 
 
878,000
 
Other
 
 
2,054,000
 
 
-
 
 
-
 
 
2,054,000
 
 
 
 
12,624,000
 
 
-
 
 
-
 
 
12,624,000
 
 
 
$
15,075,000
 
$
-
 
$
6,000
 
$
15,081,000
 
 
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
 
Fair Value Measurements, Nonrecurring [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, 2013
 
ended June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other non-marketable investments
 
$
-
 
$
-
 
$
15,274,000
 
$
15,274,000
 
$
(105,000)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss for the year
 
Assets
 
Level 1
 
Level 2
 
Level 3
 
June 30, 2012
 
ended June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other non-marketable investments
 
$
-
 
$
-
 
$
15,379,000
 
$
15,379,000
 
$
(917,000)