FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 2012

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The assets measured at fair value on a recurring basis are as follows:

As of December 31, 2012
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Other investments - warrants		-		-		11,000		11,000
Investment in marketable securities:
Basic materials		2,507,000		-		-		2,507,000
Financial services		452,000		-		-		452,000
Technology		418,000		-		-		418,000
REITs and real estate companies		137,000		-		-		137,000
Other		617,000		-		-		617,000
		4,131,000		-		-		4,131,000
	$	4,134,000	$	-	$	11,000	$	4,145,000

As of June 30, 2012
Assets:	Level 1		Level 2		Level 3		Total
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Other investments - warrants		-		-		180,000		180,000
Investment in marketable securities:
Basic materials		2,475,000		-		-		2,475,000
Technology		379,000		-		-		379,000
Financial services		337,000		-		-		337,000
REITs and real estate companies		205,000		-		-		205,000
Other		654,000		-		-		654,000
		4,050,000		-		-		4,050,000
	$	4,053,000	$	-	$	180,000	$	4,233,000

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

									Net loss for the six months
Assets	Level 1		Level 2		Level 3		December 31, 2012		ended December 31, 2012
Other non-marketable investments	$	-	$	-	$	7,991,000	$	7,991,000	$	-

									Net loss for the six months
Assets	Level 1		Level 2		Level 3		June 30, 2012		ended December 31, 2011
Other non-marketable investments	$	-	$	-	$	7,991,000	$	7,991,000	$	(387,000	)