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INVESTMENT IN MARKETABLE SECURITIES (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Jun. 30, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]          
Net Unrealized Loss $ (592,000) $ (482,000) $ (3,040,000) $ (6,001,000)  
Fair Value 15,222,000   15,222,000   $ 14,282,000
Equity Securities [Member]          
Schedule of Trading Securities and Other Trading Assets [Line Items]          
Cost 26,426,000   26,426,000   22,500,000
Gross Unrealized Gain     3,093,000   1,161,000
Gross Unrealized Loss     (14,297,000)   (9,379,000)
Net Unrealized Loss     (11,204,000)   (8,218,000)
Fair Value $ 15,222,000   $ 15,222,000   $ 14,282,000