FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2019

FAIR VALUE MEASUREMENTS

Schedule of Fair value measurement on recurring basis

As of June 30, 2019	Level 1
Assets:
Investment in marketable securities:
REITs and real estate companies	$	3,069,000
Consumer cyclical		1,448,000
Corporate bonds		1,420,000
Financial services		951,000
Energy		950,000
Other		1,858,000
	$	9,696,000

As of June 30, 2018	Level 1
Assets:
Investment in marketable securities:
REITs and real estate companies	$	4,300,000
Corporate bonds		2,282,000
Technology		1,813,000
Healthcare		1,777,000
Communications		1,071,000
Other		2,598,000
	$	13,841,000

Schedule of Fair value measurements on non-recurring basis

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 year
Assets	Level 3		June 30, 2019		ended June 30, 2019
Other non-marketable investments	$	612,000	$	612,000	$	(98,000)

					Net loss for the year
Assets	Level 3		June 30, 2018		ended June 30, 2018
Other non-marketable investments	$	813,000	$	813,000	$	(242,000)