FAIR VALUE MEASUREMENTS (Details) (USD $)	Mar. 31, 2014	Jun. 30, 2013
Assets:
Restricted cash - mortgage impounds	$ 3,588,000	$ 2,448,000
Restricted cash - redemption	17,104,000	0
Cash equivalents - money market		3,000
Other investments - warrants	140,000	6,000
Investment in marketable securities	10,623,000	12,624,000
Assets, Fair Value Disclosure	31,455,000	15,081,000
Fair Value, Inputs, Level 1 [Member]
Assets:
Restricted cash - mortgage impounds	3,588,000	2,448,000
Restricted cash - redemption	17,104,000
Cash equivalents - money market		3,000
Investment in marketable securities	10,623,000	12,624,000
Assets, Fair Value Disclosure	31,315,000	15,075,000
Fair Value, Inputs, Level 2 [Member]
Assets:
Restricted cash - mortgage impounds	0	0
Restricted cash - redemption	0
Cash equivalents - money market		0
Other investments - warrants	0	0
Investment in marketable securities	0	0
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member]
Assets:
Restricted cash - mortgage impounds	0	0
Restricted cash - redemption	0
Cash equivalents - money market		0
Other investments - warrants	140,000	6,000
Investment in marketable securities	0	0
Assets, Fair Value Disclosure	140,000	6,000
Basic Materials [Member]
Assets:
Investment in marketable securities	6,278,000	4,733,000
Basic Materials [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Investment in marketable securities	6,278,000	4,733,000
Basic Materials [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment in marketable securities	0	0
Basic Materials [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Investment in marketable securities	0	0
Technology [Member]
Assets:
Investment in marketable securities	572,000	2,698,000
Technology [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Investment in marketable securities	572,000	2,698,000
Technology [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment in marketable securities	0	0
Technology [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Investment in marketable securities	0	0
Financial Services [Member]
Assets:
Investment in marketable securities	916,000	2,261,000
Financial Services [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Investment in marketable securities	916,000	2,261,000
Financial Services [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment in marketable securities	0	0
Financial Services [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Investment in marketable securities	0	0
REITs and Real Estate Companies [Member]
Assets:
Investment in marketable securities	1,100,000	878,000
REITs and Real Estate Companies [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Investment in marketable securities	1,100,000	878,000
REITs and Real Estate Companies [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment in marketable securities	0	0
REITs and Real Estate Companies [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Investment in marketable securities	0	0
Other [Member]
Assets:
Investment in marketable securities	1,757,000	2,054,000
Other [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Investment in marketable securities	1,757,000	2,054,000
Other [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Investment in marketable securities	0	0
Other [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Investment in marketable securities	$ 0	$ 0