INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Realized loss on marketable securities	$ (577,000)	$ (445,000)	$ (1,034,000)	$ (373,000)
Unrealized loss on marketable securities	(482,000)	(874,000)	(6,001,000)	(3,980,000)
Net loss on marketable securities	$ (1,059,000)	$ (1,319,000)	$ (7,035,000)	$ (4,353,000)