INVESTMENTS (Tables)

3 Months Ended

Sep. 30, 2013

Investments All Other Investments [Abstract]

Market Value, Cost, and Unrealized Gain or Loss on Investments

The following summarizes the market value, cost, and unrealized gain or loss on investments as of September 30, 2013, and June 30, 2013.

Securities	Market Value		Cost		Unrealized Gain (Loss)			Unrealized holding gains on available-for- sale securities, net of tax
Trading¹	$	4,866,924	$	5,457,989	$	(591,065	)		N/A
Available-for-sale²		8,223,809		7,536,833		686,976		$	453,404
Total at September 30, 2013	$	13,090,733	$	12,994,822	$	95,911
Trading¹	$	4,758,220	$	5,457,989	$	(699,769	)		N/A
Available-for-sale²		9,053,111		8,064,902		988,209		$	652,218
Total at June 30, 2013	$	13,811,331	$	13,522,891	$	288,440

¹Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

²Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.

Components of Company's Available-for-Sale Investments

The following details the components of the Company’s available-for-sale investments as of September 30, 2013, and June 30, 2013.

	September 30, 2013 (in thousands)
			Gross Unrealized
	Cost		Gains		(Losses)			Market Value
Available-for-sale securities
Common stock	$	842	$	900	$	(3	)	$	1,739
Venture capital investments		168		-		(5	)		163
Offshore fund		5,000		-		(222	)		4,778
Mutual funds		1,527		20		(3	)		1,544
Total available-for-sale securities	$	7,537	$	920	$	(233	)	$	8,224

	June 30, 2013 (in thousands)
			Gross Unrealized
	Cost		Gains		(Losses)			Market Value
Available-for-sale securities
Common stock	$	870	$	529	$	(5	)	$	1,394
Venture capital investments		168		-		(5	)		163
Offshore fund		5,000		-		(288	)		4,712
Mutual funds		2,027		760		(3	)		2,784
Total available-for-sale securities	$	8,065	$	1,289	$	(301	)	$	9,053

Summary of Gross Unrealized Losses and Fair Values of Available-for-Sale Investment Securities

The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:

	September 30, 2013 (in thousands)
	Less Than 12 Months					12 Months or Greater					Total
			Gross					Gross					Gross
			Unrealized					Unrealized					Unrealized
	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Available-for-sale securities
Common stock	$	97	$	(3	)	$	-	$	-		$	97	$	(3	)
Venture capital investments		163		(5	)		-		-			163		(5	)
Offshore fund		-		-			4,778		(222	)		4,778		(222	)
Mutual funds		4		(3	)		-		-			4		(3	)
Total available-for-sale securities	$	264	$	(11	)	$	4,778	$	(222	)	$	5,042	$	(233	)

	June 30, 2013 (in thousands)
	Less Than 12 Months					12 Months or Greater					Total
			Gross					Gross					Gross
			Unrealized					Unrealized					Unrealized
	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Available-for-sale securities
Common stock	$	95	$	(5	)	$	-	$	-		$	95	$	(5	)
Venture capital investments		163		(5	)		-		-			163		(5	)
Offshore fund		-		-			4,712		(288	)		4,712		(288	)
Mutual funds		3		(3	)		-		-			3		(3	)
Total available-for-sale securities	$	261	$	(13	)	$	4,712	$	(288	)	$	4,973	$	(301	)

Investment Income (Loss) Reflected in Earnings

The following summarizes investment income reflected in earnings for the periods discussed:

Investment Income	Three Months Ended September 30,
	2013		2012
Realized gains on sales of available-for-sale securities	$	875,346	$	-
Unrealized gains on trading securities		108,704		171,581
Realized foreign currency gains (losses)		4,979		(25	)
Dividend and interest income		71,621		29,095
Total Investment Income	$	1,060,650	$	200,651