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FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)
 9 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company operates principally in three business segments: providing investment management services to USGIF, offshore clients and ETF clients; investment management services in Canada; and investing for its own account in an effort to add growth and value to its cash position. The following schedule details total revenues and income by business segment:

(dollars in thousands)
  
Investment Management Services
    
Investment Management Services - Canada
    
Corporate Investments
    
Consolidated
  
Nine months ended March 31, 2018
                        
Net operating revenues
  
$
3,684
    
$
1,216
    
$
-
    
$
4,900
  
Net other income
  
$
14
    
$
12
    
$
2,531
    
$
2,557
  
Income (loss) before income taxes
  
$
(1,455
)
  
$
270
    
$
2,524
    
$
1,339
  
Depreciation and amortization
  
$
174
    
$
9
    
$
-
    
$
183
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Gross identifiable assets at March 31, 2018
  
$
4,985
    
$
1,908
    
$
27,041
    
$
33,934
  
Deferred tax asset
                          
$
-
  
Consolidated total assets at March 31, 2018
                    
$
33,934
  
Nine months ended March 31, 2017
                                
Net operating revenues
  
$
4,405
    
$
887
    
$
-
    
$
5,292
  
Net other income
  
$
-
    
$
-
    
$
663
    
$
663
  
Income (loss) before income taxes
  
$
(413
)
  
$
36
    
$
646
    
$
269
  
Depreciation and amortization
  
$
179
    
$
12
    
$
-
    
$
191
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Three months ended March 31, 2018
                                
Net operating revenues
  
$
1,171
    
$
246
    
$
-
    
$
1,417
  
Net other income (loss)
  
$
6
    
$
2
    
$
(651
)
  
$
(643
)
Income (loss) before income taxes
  
$
(1,856
)
  
$
(35
)
  
$
658
    
$
(1,233
)
Depreciation and amortization
  
$
58
    
$
3
    
$
-
    
$
61
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Three months ended March 31, 2017
                                
Net operating revenues
  
$
1,384
    
$
285
    
$
-
    
$
1,669
  
Net other income
  
$
-
    
$
-
    
$
161
    
$
161
  
Income (loss) before income taxes
  
$
(190
)
  
$
6
    
$
154
    
$
(30
)
Depreciation and amortization
  
$
60
    
$
4
    
$
-
    
$
64
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-