INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
Realized (loss) gain on marketable securities	$ (438,000)	$ 203,000
Unrealized (loss) gain on marketable securities	(882,000)	34,000
Net (loss) gain on marketable securities	$ (1,320,000)	$ 237,000