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INVESTMENT IN MARKETABLE SECURITIES (Tables)
9 Months Ended
Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Table Text Block]
Trading securities are summarized as follows:
 
 
 
 
 
Gross
 
Gross
 
Net
Unrealized Gain
 
Fair
 
Investment
 
Cost
 
Unrealized Gain
 
Unrealized Loss
 
(Loss)
 
Value
 
 
 
 
 
 
 
 
 
 
 
 
 
As of March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
$
11,779,000
 
$
875,000
 
$
(3,811,000)
 
$
(2,936,000)
 
$
8,843,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Equities
 
$
10,369,000
 
$
2,717,000
 
$
(1,666,000)
 
$
1,051,000
 
$
11,420,000
 
Gain (Loss) on Investments [Table Text Block]
Below is the composition of the two components for the respective periods:
 
For the three months ended March 31,
 
2015
 
2014
 
Realized (loss) gain on marketable securities
 
$
(445,000)
 
$
769,000
 
Unrealized loss on marketable securities
 
 
(874,000)
 
 
(427,000)
 
 
 
 
 
 
 
 
 
Net (loss) gain on marketable securities
 
$
(1,319,000)
 
$
342,000
 
 
 
 
 
 
 
 
 
For the nine months ended March 31,
 
 
2015
 
 
2014
 
Realized (loss) gain on marketable securities
 
$
(373,000)
 
$
907,000
 
Unrealized (loss) gain on marketable securities
 
 
(3,980,000)
 
 
203,000
 
 
 
 
 
 
 
 
 
Net (loss) gain on marketable securities
 
$
(4,353,000)
 
$
1,110,000