FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2018

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:

	3/31/2018		6/30/2017
As of	Total - Level 1		Total - Level 1
Assets:
Investment in marketable securities:
Basic materials	$	1,328,000	$	6,222,000
Technology		1,241,000		4,134,000
REITs and real estate companies		2,504,000		1,820,000
Energy		-		1,345,000
Corporate Bonds		2,208,000		1,683,000
Other		2,161,000		1,973,000
	$	9,442,000	$	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 nine months
Assets	Level 3		March 31, 2018		ended March 31, 2018
Other non-marketable investments	$	893,000	$	893,000	$	(200,000)

					Net loss for the nine months
Assets	Level 3		June 30, 2017		ended March 31, 2017
Other non-marketable investments	$	1,211,000	$	1,211,000	$	(165,000)