FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The assets measured at fair value on a recurring basis are as follows:

As of June 30, 2016
Assets:	Level 1		Level 3		Total
Investment in marketable securities:
Basic materials	$	9,273,000	$	-	$	9,273,000
Energy		1,907,000		-		1,907,000
Financial services		1,021,000		-		1,021,000
Other		2,081,000		-		2,081,000
		14,282,000		-		14,282,000
	$	14,282,000	$	-	$	14,282,000

As of June 30, 2015
Assets:	Level 1		Level 3		Total
Other investments - warrants	$	-	$	104,000	$	104,000
Investment in marketable securities:
Basic materials		2,761,000		-		2,761,000
Technology		1,115,000		-		1,115,000
Industrial goods		612,000		-		612,000
REITs and real estate companies		517,000		-		517,000
Financial services		325,000
Other		497,000		-		497,000
		5,827,000		-		5,502,000
	$	5,827,000	$	104,000	$	5,606,000

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

					Net loss for the year
Assets	Level 3		June 30, 2016		ended June 30, 2016
Other non-marketable investments	$	1,029,000	$	1,029,000	$	(673,000)

					Net loss for the year
Assets	Level 3		June 30, 2015		ended June 30, 2015
Other non-marketable investments	$	14,978,000	$	14,978,000	$	(701,000)