INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
Realized (loss) gain on marketable securities	$ (397,000)	$ (83,000)	$ (457,000)	$ 72,000
Unrealized loss on marketable securities	(5,959,000)	(1,461,000)	(5,519,000)	(3,106,000)
Net loss on marketable securities	$ (6,356,000)	$ (1,544,000)	$ (5,976,000)	$ (3,034,000)