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INCOME TAXES (Details 1) - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Income Tax Disclosure [Line Items]    
Statutory federal tax rate $ (2,218,000) $ 440,000
State income taxes, net of federal tax benefit (623,000) (25,000)
Dividend received deduction 24,000 56,000
Valuation allowance (330,000) (521,000)
Other 91,000 (471,000)
Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations, Extraordinary Items $ (3,056,000) $ (521,000)