INCOME TAXES (Details 1) - USD ($)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Line Items]
Statutory federal tax rate	$ 4,471,000	$ (1,706,000)
State income taxes, net of federal tax benefit	465,000	(459,000)
Dividend received deduction	13,000	263,000
Noncontrolling interest	(117,000)	(73,000)
Valuation allowance	(489,000)	(488,000)
Other	(403,000)	(284,000)
Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations, Extraordinary Items	$ 3,940,000	$ (2,747,000)