FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 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 September 30, 2013
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Restricted cash - mortgage escrow		1,996,000		-		-		1,996,000
Other investments - warrants		-		-		6,000		6,000
Investment in marketable securities:
Basic materials		6,900,000		-		-		6,900,000
Financial services		2,663,000		-		-		2,663,000
Technology		1,690,000		-		-		1,690,000
REITs and real estate companies		729,000		-		-		729,000
Other		1,742,000		-		-		1,742,000
		13,724,000		-		-		13,724,000
	$	15,723,000	$	-	$	6,000	$	15,729,000

As of June 30, 2013
Assets:	Level 1		Level 2		Level 3		Total
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

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 three months
Assets	Level 1		Level 2		Level 3		September 30, 2013		ended September 30, 2013
Other non-marketable investments	$	-	$	-	$	15,274,000	$	15,274,000	$	-
									Net loss for the three months
Assets	Level 1		Level 2		Level 3		June 30, 2013		ended September 30, 2012
Other non-marketable investments	$	-	$	-	$	15,274,000	$	15,274,000	$	(190,000)