Other Investments, Net

9 Months Ended

Mar. 31, 2020

Other Investments [Abstract]

Other Investments, Net

NOTE 6 – OTHER INVESTMENTS, NET

The Company may also invest, with the approval of the securities investment committee and other Company guidelines, in private investment equity funds and other unlisted securities, such as convertible notes through private placements. Those investments in non-marketable securities are carried at cost on the Company’s balance sheet as part of other investments, net of other than temporary impairment losses.

Other investments, net consist of the following:

Type	March 31, 2020		June 30, 2019
Private equity hedge fund, at cost	$	169,000	$	233,000
Other investments		61,000		118,000
	$	230,000	$	351,000