DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Mar. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The components of loss from discontinued operations were as follows for the three and nine months ended March 31, 2017, and March 31, 2016:

	Nine Months Ended March 31,					Three Months Ended March 31,
(dollars in thousands)	2017		2016			2017		2016
Revenues
Distribution fees	$	-	$	425		$	-	$	-
Shareholder services fees		-		183			-		-
		-		608			-		-
Expenses
Employee compensation and benefits		-		188			-		-
General and administrative		-		77			-		-
Platform fees		-		347			-		-
Advertising		-		14			-		-
		-		626			-		-
Loss from discontinued operations of distributor before income taxes		-		(18	)		-		-
Tax benefit		-		-			-		-
Loss from discontinued operations of distributor	$	-	$	(18	)	$	-	$	-