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INVESTMENT IN MARKETABLE SECURITIES (Details) - USD ($)
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]    
Net Unrealized (Loss) Gain $ (3,062,000) $ (128,000)
Fair Value 5,827,000 11,420,000
Equity Securities [Member]    
Schedule of Trading Securities and Other Trading Assets [Line Items]    
Cost 7,845,000 10,369,000
Gross Unrealized Gain 1,136,000 2,717,000
Gross Unrealized Loss (3,154,000) (1,666,000)
Net Unrealized (Loss) Gain (2,018,000) 1,051,000
Fair Value $ 5,827,000 $ 11,420,000