INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Realized gain(loss) on marketable securities	$ 137,000	$ (75,000)	$ 114,000	$ 25,000
Unrealized loss on marketable securities	(345,000)	(336,000)	(2,987,000)	(1,975,000)
Net loss on marketable securities	$ (208,000)	$ (411,000)	$ (2,873,000)	$ (1,950,000)