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INVESTMENT IN MARKETABLE SECURITIES (Tables)
6 Months Ended
Dec. 31, 2012
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities [Table Text Block]
The change in the unrealized gains and losses on these investments are included in earnings. Trading securities are summarized as follows:

 

          Gross     Gross     Net     Fair  
Investment   Cost     Unrealized Gain     Unrealized Loss     Unrealized Gain     Value  
                               
As of December 31, 2013                                        
                                         
Corporate                                        
Equities   $ 3,465,000     $ 1,632,000     $ (966,000 )   $ 666,000     $ 4,131,000  
                                         
As of June 30, 2012                                        
                                         
Corporate                                        
Equities   $ 3,038,000     $ 1,970,000     $ (958,000 )   $ 1,012,000     $ 4,050,000  

 

Gain (Loss) on Investments [Table Text Block]
Below is the composition of the two components for the three and six months ended December 31, 2012 and 2011, respectively.

 

For the three months ended December 31,   2012     2011  
Realized (loss) gain on marketable securities   $ (8,000 )   $ 48,000  
Unrealized loss on marketable securities     (1,124,000 )     (233,000 )
                 
Net loss on marketable securities   $ (1,132,000 )   $ (185,000 )

 

For the six months ended December 31,   2012     2011  
Realized gain (loss) on marketable securities   $ 34,000     $ (503,000 )
Unrealized loss on marketable securities     (383,000 )     (1,727,000 )
                 
Net loss on marketable securities   $ (349,000 )   $ (2,230,000 )