INVESTMENT IN MARKETABLE SECURITIES (Tables)

9 Months Ended

Mar. 31, 2016

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		Value
As of March 31, 2016
Corporate
Equities	$	21,365,000	$	816,000	$	(8,818,000)	$	(8,002,000)	$	13,363,000
As of June 30, 2015
Corporate
Equities	$	7,845,000	$	1,136,000	$	(3,154,000)	$	(2,018,000)	$	5,827,000

Gain (Loss) on Investments [Table Text Block]

Below is the composition of the two components for the respective periods:

For the three months ended March 31,	2016		2015
Realized loss on marketable securities	$	(577,000)	$	(445,000)
Unrealized loss on marketable securities		(482,000)		(874,000)
Net loss on marketable securities	$	(1,059,000)	$	(1,319,000)

For the nine months ended March 31,	2016		2015
Realized loss on marketable securities	$	(1,034,000)	$	(373,000)
Unrealized loss on marketable securities		(6,001,000)		(3,980,000)
Net loss on marketable securities	$	(7,035,000)	$	(4,353,000)