INVESTMENT IN MARKETABLE SECURITIES (Details) - USD ($)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Net Unrealized (Loss) Gain	$ (6,199,000)	$ (3,062,000)
Fair Value	14,282,000	5,827,000
Equity Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
Cost	22,500,000	7,845,000
Gross Unrealized Gain	1,161,000	1,136,000
Gross Unrealized Loss	(9,379,000)	(3,154,000)
Net Unrealized (Loss) Gain	(8,218,000)	(2,018,000)
Fair Value	$ 14,282,000	$ 5,827,000