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INVESTMENT IN MARKETABLE SECURITIES (Tables)
6 Months Ended
Dec. 31, 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 December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
$
10,725,000
 
$
4,115,000
 
$
(1,741,000)
 
$
2,374,000
 
$
13,099,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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:
 
 
 
2013
 
2012
 
For the three months ended December 31,
 
 
 
 
 
 
 
Realized gain (loss) on marketable securities
 
$
410,000
 
$
(428,000)
 
Unrealized gain (loss) on marketable securities
 
 
205,000
 
 
(1,680,000)
 
 
 
 
 
 
 
 
 
Net gain (loss) on marketable securities
 
$
615,000
 
$
(2,108,000)
 
 
 
 
 
 
 
 
 
 
 
2013
 
2012
 
For the six months ended December 31,
 
 
 
 
 
 
 
Realized gain (loss) on marketable securities
 
$
138,000
 
$
(219,000)
 
Unrealized gain (loss) on marketable securities
 
 
630,000
 
 
(364,000)
 
 
 
 
 
 
 
 
 
Net gain (loss) on marketable securities
 
$
768,000
 
$
(583,000)