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Other Investments, Net
 3 Months Ended
Sep. 30, 2020
Other Investments [Abstract]  
Other Investments, Net

NOTE 7 – OTHER INVESTMENTS, NET

 

The Company may also invest, with the approval of the Executive Strategic Real Estate and Securities Investment Committee and other Company guidelines, in private investment equity funds and other unlisted securities, such as convertible notes through private placements. Those investments in non-marketable securities are carried at cost on the Company’s consolidated balance sheet as part of other investments, net of other than temporary impairment losses.

 

Other investments, net consist of the following:

 

Type   September 30, 2020     June 30, 2020  
Private equity hedge fund, at cost   $ 95,000     $ 157,000  
Other preferred stock, at cost     3,000       121,000  
    $ 98,000     $ 278,000