INCOME TAXES (Details 1) (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Line Items]
Statutory federal tax rate	$ 3,507,000	$ (129,000)
State income taxes, net of federal tax benefit	552,000	69,000
Dividend received deduction	245,000	255,000
Noncontrolling interest	(351,000)	450,000
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	(153,000)	(397,000)
Other	(233,000)	(1,000)
Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations, Extraordinary Items	$ 3,567,000	$ 247,000