OTHER INVESTMENTS, NET (Tables)

3 Months Ended

Sep. 30, 2016

Other Investments [Abstract]

Other Investments Not Readily Marketable [Table Text Block]

Other investments, net consist of the following:

Type	September 30, 2016		June 30, 2016
Private equity hedge fund, at cost	$	916,000	$	916,000
Other preferred stock, at cost		93,000		113,000
	$	1,009,000	$	1,029,000