OTHER INVESTMENTS, NET (Tables)

3 Months Ended

Sep. 30, 2016

Investments, All Other Investments [Abstract]

Schedule of Other Investments Not Readily Marketable [Table Text Block]

Other investments, net consist of the following:

Type	September 30, 2016		June 30, 2016
Private equity hedge fund, at cost	$	568,000	$	568,000
Other preferred stock, at cost		43,000		53,000
Warrants - at fair value		-		-
	$	611,000	$	621,000