OTHER INVESTMENTS, NET (Tables)

6 Months Ended

Dec. 31, 2016

Other Investments [Abstract]

Other Investments Not Readily Marketable [Table Text Block]

Other investments, net consist of the following:

Type	December 31, 2016		June 30, 2016
Private equity hedge fund, at cost	$	916,000	$	916,000
Other preferred stock, at cost		69,000		113,000
	$	985,000	$	1,029,000