INVESTMENT IN MARKETABLE SECURITIES (Tables)

12 Months Ended

Jun. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Marketable Securities [Table Text Block]

At June 30, 2018 and 2017, all of the Company’s marketable securities are classified as trading securities. The change in the unrealized gains and losses on these investments are included in earnings. Trading securities are summarized as follows:

			Gross		Gross			Net			Fair
Investment	Cost		Unrealized Gain		Unrealized Loss			Unrealized Loss			Value
As of June 30, 2018
Corporate Equities	$	22,388,000	$	2,450,000	$	(10,997,000	)	$	(8,547,000	)	$	13,841,000
As of June 30, 2017
Corporate Equities	$	29,170,000	$	1,768,000	$	(13,761,000	)	$	(11,993,000	)	$	17,177,000

Gain (Loss) on Securities [Table Text Block]

Net loss on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of the two components for the years ended June 30, 2018 and 2017, respectively.

For the year ended June 30,	2018			2017
Realized loss on marketable securities related to Comstock	$	(6,007,000	)	$	-
Realized gain on marketable securities		632,000			356,000
Unrealized loss on marketable securities related to Comstock		(2,337,000	)		(4,517,000	)
Unrealized gain on marketable securities		5,935,000			665,000
Net loss on marketable securities	$	(1,777,000	)	$	(3,496,000	)