INCOME TAXES (Details 1) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Line Items]
Statutory federal tax rate	$ (1,706,000)	$ 3,507,000
State income taxes, net of federal tax benefit	(459,000)	552,000
Dividend received deduction	263,000	245,000
Noncontrolling interest	(73,000)	(351,000)
Valuation allowance	(488,000)	(153,000)
Other	(284,000)	(233,000)
Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations, Extraordinary Items	$ (2,747,000)	$ 3,567,000