INCOME TAXES (Details 2) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Deferred tax assets:
Net operating loss carryforwards	$ 8,625,000	$ 8,980,000
Capital loss carryforwards	896,000	192,000
Investment impairment reserve	1,541,000	2,049,000
Accruals and reserves	886,000	668,000
Valuation allowance	(1,695,000)	(1,298,000)
Deferred Tax Assets, Net	10,253,000	10,591,000
Deferred tax liabilities:
Deferred gains on real estate sale	(9,612,000)	(9,648,000)
Unrealized gains on marketable securities	(3,804,000)	(4,254,000)
Depreciation and amortization	528,000	(315,000)
Equity earnings	(1,816,000)	(1,266,000)
State taxes	(166,000)	(89,000)
Deferred Income Tax Liabilities	(14,870,000)	(15,572,000)
Net deferred tax liability	$ (4,617,000)	$ (4,981,000)