OTHER INVESTMENTS, NET (Tables)

9 Months Ended

Mar. 31, 2017

Other Investments [Abstract]

Other Investments Not Readily Marketable [Table Text Block]

Other investments, net consist of the following as of:

Type	March 31, 2017		June 30, 2016
Private equity hedge fund, at cost	$	795,000	$	916,000
Other investments, net		429,000		113,000
	$	1,224,000	$	1,029,000