FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 2013

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, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Investment in marketable securities:
Basic materials	$	3,130,000	$	-	$	-	$	3,130,000
Financial services		1,042,000		-		-		1,042,000
Technology		469,000		-		-		469,000
REITs and real estate companies		209,000		-		-		209,000
Other		465,000		-		-		465,000
		5,315,000		-		-		5,315,000

As of June 30, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents - money market	$	3,000	$	-	$	-	$	3,000
Other investments - warrants		-		-		4,000		4,000
Investment in marketable securities:
Basic materials		2,420,000		-		-		2,420,000
Technology		989,000		-		-		989,000
Financial services		838,000		-		-		838,000
REITs and real estate companies		291,000		-		-		291,000
Other		667,000		-		-		667,000
		5,205,000		-		-		5,205,000
	$	5,208,000	$	-	$	4,000	$	5,212,000

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, 2013		ended December 31, 2013
Other non-marketable investments	$	-	$	-	$	7,929,000	$	7,929,000	$	-
									Net loss for the six months
Assets	Level 1		Level 2		Level 3		June 30, 2013		ended December 31, 2012
Other non-marketable investments	$	-	$	-	$	7,929,000	$	7,929,000	$	-