INVESTMENT IN MARKETABLE SECURITIES (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Investment - Corporate Equities
Net Unrealized Loss	$ (345,000)	$ (336,000)	$ (2,987,000)	$ (1,975,000)
Fair Value	5,899,000		5,899,000		$ 1,955,000
Equity Securities [Member]
Investment - Corporate Equities
Cost	9,940,000		9,940,000		3,016,000
Gross Unrealized Gain			386,000		368,000
Gross Unrealized Loss			(4,427,000)		(1,429,000)
Net Unrealized Loss			(4,041,000)		(1,061,000)
Fair Value	$ 5,899,000		$ 5,899,000		$ 1,955,000