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INVESTMENT IN MARKETABLE SECURITIES (Details) - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Schedule of Trading Securities and Other Trading Assets [Line Items]    
Net Unrealized Loss $ (3,852,000) $ (6,199,000)
Fair Value 17,177,000 14,282,000
Corporate Equities [Member]    
Schedule of Trading Securities and Other Trading Assets [Line Items]    
Cost 29,170,000 22,500,000
Gross Unrealized Gain 1,768,000 1,161,000
Gross Unrealized Loss (13,761,000) (9,379,000)
Net Unrealized Loss (11,993,000) (8,218,000)
Fair Value $ 17,177,000 $ 14,282,000