FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The assets measured at fair value on a recurring basis are as follows:

As of June 30, 2017
	Level 1
Assets:
Investment in marketable securities:
Basic materials	$	6,222,000
Technology		4,134,000
REITs and real estate companies		1,820,000
Energy		1,345,000
Corporate bonds		1,683,000
Other		1,973,000
	$	17,177,000

As of June 30, 2016
	Level 1
Assets:
Investment in marketable securities:
Basic materials	$	9,273,000
Energy		1,907,000
Financial services		1,021,000
Other		2,081,000
	$	14,282,000

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

					Net loss for the year
Assets	Level 3		June 30, 2017		ended June 30, 2017
Other non-marketable investments	$	1,211,000	$	1,211,000	$	(178,000)

					Net loss for the year
Assets	Level 3		June 30, 2016		ended June 30, 2016
Other non-marketable investments	$	1,029,000	$	1,029,000	$	(673,000)