INVESTMENT IN MARKETABLE SECURITIES (Tables)

9 Months Ended

Mar. 31, 2014

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 March 31, 2014
Corporate
Equities	$	9,504,000	$	2,888,000	$	(1,769,000)	$	1,119,000	$	10,623,000
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 March 31,	2014		2013
Realized gain on marketable securities	$	769,000	$	484,000
Unrealized loss on marketable securities		(427,000)		(227,000)
Net gain on marketable securities	$	342,000	$	257,000
For the nine months ended March 31,	2014		2013
Realized gain on marketable securities	$	907,000	$	265,000
Unrealized gain (loss) on marketable securities		203,000		(591,000)
Net gain (loss) on marketable securities	$	1,110,000	$	(326,000)