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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Dec. 31, 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
 
12/31/2017
 
6/30/2017
 
 
 
Total - Level 1
 
Total - Level 1
 
Assets:
 
 
 
 
 
 
 
Investment in marketable securities:
 
 
 
 
 
 
 
Basic materials
 
$
2,640,000
 
$
6,222,000
 
Technology
 
 
3,039,000
 
 
4,134,000
 
REITs and real estate companies
 
 
1,494,000
 
 
1,820,000
 
Energy
 
 
472,000
 
 
1,345,000
 
Corporate Bonds
 
 
1,774,000
 
 
1,683,000
 
Other
 
 
3,790,000
 
 
1,973,000
 
 
 
$
13,209,000
 
$
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:
 
 
 
 
 
 
 
 
 
Net loss for the six months
 
Assets
 
Level 3
 
December 31, 2017
 
ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Other non-marketable investments
 
$
963,000
 
$
963,000
 
$
(200,000)
 
 
 
 
 
 
 
 
 
 
Net loss for the six months
 
Assets
 
Level 3
 
June 30, 2017
 
ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Other non-marketable investments
 
$
1,211,000
 
$
1,211,000
 
$
(44,000)