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INVESTMENT IN MARKETABLE SECURITIES (Tables)
3 Months Ended
Sep. 30, 2013
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 September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
$
11,597,000
 
 
$
4,013,000
 
 
$
(1,886,000)
 
 
$
2,127,000
 
 
$
13,724,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
$
11,314,000
 
 
$
3,391,000
 
 
$
(2,081,000)
 
 
$
1,310,000
 
 
$
12,624,000
 
Gain (Loss) on Investments [Table Text Block]
Net gain 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 September 30,
 
2013
 
 
2012
 
Realized (loss) gain on marketable securities
 
$
(272,000)
 
 
$
209,000
 
Unrealized gain on marketable securities
 
 
425,000
 
 
 
1,316,000
 
 
 
 
 
 
 
 
 
 
Net gain on marketable securities
 
$
153,000
 
 
$
1,525,000