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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 31, 2019
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
 
3/31/2019
 
 
6/30/2018
 
Assets:
 
Total - Level 1
 
 
Total - Level 1
 
Investment in marketable securities:
 
 
 
 
 
 
 
 
Consumer
 
$
2,196,000
 
 
$
-
 
REITs and real estate companies
 
 
2,032,000
 
 
 
4,300,000
 
Corporate Bonds
 
 
1,791,000
 
 
 
2,282,000
 
Basic material
 
 
1,626,000
 
 
 
1,038,000
 
Healthcare
 
 
772,000
 
 
 
1,777,000
 
Energy
 
 
747,000
 
 
 
311,000
 
Financial Services
 
 
389,000
 
 
 
229,000
 
Industrials
 
 
360,000
 
 
 
404,000
 
Other
 
 
921,000
 
 
 
3,500,000
 
 
 
$
10,834,000
 
 
$
13,841,000
 
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, 2019
 
 
ended March 31, 2019
 
Other non-marketable investments
 
$
612,000
 
 
$
612,000
 
 
$
(98,000
)
 
 
 
 
 
 
 
 
 
Net loss for the nine months
 
Assets
 
Level 3
 
 
June 30, 2018
 
 
ended March 31, 2018
 
Other non-marketable investments
 
$
813,000
 
 
$
813,000
 
 
$
(200,000
)