INVESTMENT IN MARKETABLE SECURITIES (Tables)

12 Months Ended

Jun. 30, 2015

Investments, Debt and Equity Securities [Abstract]

Marketable Securities [Table Text Block]

Trading securities are summarized as follows:

			Gross		Gross		Net		Fair
Investment	Cost		Unrealized Gain		Unrealized Loss		Unrealized (Loss) Gain		Value
As of June 30, 2015
Corporate
Equities	$	7,845,000	$	1,136,000	$	(3,154,000)	$	(2,018,000)	$	5,827,000
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 years ended June 30, 2015 and 2014, respectively.

For the year ended June 30,	2015		2014
Realized (loss) gain on marketable securities	$	(1,590,000)	$	870,000
Unrealized (loss) gain on marketable securities		(3,062,000)		128,000
Net (loss) gain on marketable securities	$	(4,652,000)	$	998,000