FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2016

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 September 30, 2016	Total
Assets:	Level 1
Investment in marketable securities:
Basic materials	$	4,962,000
Energy		732,000
Financial services		514,000
Other		1,532,000
		7,740,000
	$	7,740,000

As of June 30, 2016	Total
Assets:	Level 1
Investment in marketable securities:
Basic materials	$	4,684,000
Energy		733,000
Financial services		366,000
Other		575,000
		6,358,000
	$	6,358,000

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 three months
Assets	Level 3		September 30, 2016		ended September 30, 2016
Other non-marketable investments	$	611,000	$	611,000	$	(10,000)

					Net loss for the three months
Assets	Level 3		June 30, 2016		ended September 30, 2015
Other non-marketable investments	$	621,000	$	621,000	$	-