FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 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:	9/30/2017		6/30/2017
Assets:	Total-Level 1		Total-Level 1
Investment in marketable securities:
Basic materials	$	5,149,000	$	6,222,000
Technology		3,693,000		4,134,000
REIT and real estate companies		1,116,000		1,820,000
Energy		820,000		1,345,000
Corporate bonds		1,916,000		1,683,000
Other		1,805,000		1,973,000
	$	14,499,000	$	17,177,000

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:

Assets	Level 3		September 30, 2017		Net loss for the three months ended September 30, 2017
Other non-marketable investments	$	1,211,000	$	1,211,000	$	-

Assets	Level 3		June 30, 2017		Net loss for the three months ended September 30, 2016
Other non-marketable investments	$	1,211,000	$	1,211,000	$	(20,000)