INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
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